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Minnesota Department Of Commerce

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Legislature Sends Heating Aid Bill To Dayton

A sudden vote Thursday left a bill containing $20 million in emergency heating assistance one step from Minnesota Gov. Mark Dayton, who could have it on his desk by day’s end. The Senate voted 65-0 to send a revised measure back to the House.

02/27/2014

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Minn. Sues BP For $25M For Cleanup Of Leaky Tanks

The state of Minnesota is suing British Petroleum for $25 million, alleging the company double dipped when it sought state funds on top of insurance payments to clean up contamination from leaking petroleum storage tanks. The Department of Commerce and Minnesota’s Petrofund Board filed the suit Monday. It alleges that from 1988 to 2012, BP received hundreds of millions of dollars in insurance claims to clean up polluted properties statewide.

02/10/2014

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Reality Check: Gov’s Decision To Continue MNsure Enrollment

Minnesota has rejected President Obama’s offer to delay some canceled insurance policies for a year under the new health law. The President was trying to make good on a promise that “if you like your policy, you can keep it.” Now, millions are finding themselves in limbo, including here in Minnesota.

11/19/2013

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Commissioner: MNsure Plans Boast Lowest Avg. Rates In U.S.

Minnesotans learned on Friday how much they can expect to pay for health insurance on the state’s new online exchange, and the numbers suggest Minnesota will have the lowest average rates in the country with the plan. On Friday, Minnesota Commerce Commissioner Mike Rothman revealed the individual policy premium rates. MNSure is part of the new federal health care law that requires insurance by January 1, 2014.

09/06/2013

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Deserted Collectables, Coins Up For Minn. Auction

Autographed baseball cards, other sports memorabilia, rare coins, notable artwork and vintage jewelry taken from abandoned safe-deposit boxes are up for grabs at an auction being staged by the Minnesota Department of Commerce.

07/25/2013

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Minn. Commerce Dept. Holds ‘Listening’ Session To Discuss Health Insurance Changes

The Minnesota Department of Commerce held a “listening” session Monday for people who will have to change their health insurance coverage when the Affordable Care Act goes into effect on Oct. 1. The video conference included questions from a number of people from 38 counties in the state. Tim Vande Hey is the deputy commissioner of the Commerce Department’s insurance division.

07/22/2013

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State Accuses Xcel Energy Of Overcharging Customers

The state is stepping in to help Xcel Energy customers who aren’t happy about a recent rate hike. Right now many homeowners are paying 11-percent more on their electric bills, or about $8 extra a month.

03/01/2013

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4 Life Insurance Companies Fined $200K In Asset Case

Four Minnesota life insurance companies have been fined $200,000 each by the Minnesota Department of Commerce for failing to provide all necessary information to consumers when a loved one has died.

08/16/2012

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Natural Gas Prices Are At Their Lowest In 10 Years

It finally feels like winter. But as you crank up your furnace tonight, remember January’s home heating prices are at a 10-year low, according to CenterPoint Energy.

01/20/2012

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Minn. Gets Less To Help People Heat Their Homes

Minnesota will receive $73 million in federal funds to help low-income Minnesotans pay their heating bills, the Minnesota Department of Commerce announced Saturday.

10/29/2011

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Record Number In MN Get Help To Pay Energy Bills

More Minnesotans than ever needed federal assistance to pay their energy bill over the past season, according to the Minnesota Department of Commerce.

05/19/2011

real estate, new home, home for sale, housing market

Minn. Real Estate Closer Fined $420K

The Minnesota Department of Commerce has ordered a Forest Lake real estate closer and insurance agent to pay a civil penalty of $420,000.

03/29/2011

Fargo flooding

Time Is Running Out To Get Flood Insurance

As the spring flooding season quickly approaches, the Minnesota Department of Commerce is reminding people to prepare for the event.

03/02/2011

Ethernet Wires

Minn. Writes Report On Statewide Broadband Access

The Minnesota Department of Commerce and the nonprofit group Connect Minnesota are set to present a new report Thursday that will serve as the roadmap for expanding high-speed Internet access in the state.

02/24/2011

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Dayton Chooses Mpls. Attorney As Commerce Chief

An attorney who has been on both sides of insurance industry fights has been chosen to lead the Minnesota Department of Commerce, which regulates the insurance, banking and other key industries.

01/05/2011

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