Minnesota state lawmakers are trying to slow down a plan from the Department of Public Safety that would restrict public access to driver’s license data, including the bulk sale of data to insurance companies and car dealers. DPS officials say they made the change after thousands of snooping incidents into personal driver’s license records. But insurance industry executives, and Insurance Federation of Minnesota Vice President Mark Kulda, say it could add money to your insurance bill.
The Minnesota Department of Public Safety has postponed for two months the elimination of bulk sales of driver’s license and vehicle records, an official with the agency said Thursday.
More than 100 former New York City workers – including police officers and firefighters – were charged Tuesday with defrauding the disability system. Some are accused of fishing or doing karate after saying they were too injured or too depressed to work. Prosecutors say the alleged scams cost the federal government about $400 million. Every year, Americans pay $1.1 trillion in private insurance premiums, but a big chunk of that money goes to pay out false insurance claims.
A few years back, Kathy Lesicka’s Monticello home had hail damage and needed the roof replaced. Two months after the repairs, her homeowners’ premium increased by $200. “That was the first time we ever claimed, and we were like, ‘We’ve been with you for 20 years, are you kidding me?’” she said.
A sophisticated routine is taking money directly from our wallets. Mark Kulda of the Insurance Federation of Minnesota says anyone involved in even a slight car accident could be at risk.
In the land of 10,000 lakes, it’s surprising to hear that less than one percent of Minnesotans purchase flood insurance.