Upon submission of an application for placement of general liability insurance coverage under section 62I.13 in a class of business for which the Joint Underwriting Association is not then activated, where the applicant has been refused coverage within the meaning of section 62I.13, subdivision 2, the commissioner may by notice in the State Register activate the Joint Underwriting Association on Minnesota risks for the class of business. The association is activated for a period of 180 days from publication of the notice. At the same time the notice is published, the commissioner shall prepare a written petition requesting that a hearing be held to determine whether activation of the Joint Underwriting Association is necessary beyond the 180-day period. The hearing must be held in accordance with section 62I.22. The commissioner by order shall deactivate the Joint Underwriting Association or a class of business at any time the commissioner finds that the Joint Underwriting Association or the class of business is not necessary.
1986 c 455 s 40; 1994 c 425 s 17; 2003 c 21 s 11; 2017 c 34 s 13
Structure Minnesota Statutes
Chapters 59A - 79A — Insurance
Chapter 62I — Joint Underwriting Association
Section 62I.02 — Minnesota Joint Underwriting Association.
Section 62I.04 — Policy Issuance.
Section 62I.05 — Plan Of Operation.
Section 62I.06 — Policy Forms; Premium Rate.
Section 62I.07 — Membership Assessments.
Section 62I.08 — Application Procedure.
Section 62I.121 — Benefits For Employees.
Section 62I.13 — Action By The Minnesota Joint Underwriting Association Upon The Application.
Section 62I.15 — Extension Of Coverage.
Section 62I.16 — Stabilization Reserve Fund.
Section 62I.17 — Immunity From Liability.
Section 62I.18 — Right Of Appeal.
Section 62I.19 — Annual Statements.
Section 62I.21 — Activation Of Joint Underwriting Association.