Minnesota Statutes Insurance (Ch. 59A-79a) § 60A.38. Interpretation and penalties

Subdivision 1. Sections not exclusive.Sections 60A.35to60A.38are not exclusive, and the commissioner may also consider other provisions of Minnesota law to be applicable to the circumstances or situations addressed bysections 60A.35to60A.38. The rights provided bysections 60A.35to60A.38are in addition to and do not prejudice any other rights the policyholder may have at common law, under statute, or rules.

Subd. 2. Penalties.A violation of any provisions ofsections 60A.35to60A.38shall be deemed to be an unfair trade practice in the business of insurance and shall subject the violator to the penalties provided bysections 72A.17to72A.32in addition to any other penalty provided by law.

Subd. 3. Notices required.All notices required bysections 60A.35to60A.38shall only be made by first class mail addressed to the policyholder's last known address or by delivery to the policyholder's last known address. Notice by first class mail is effective upon deposit in the United States mail. In addition to giving notice to the policyholder, the insurer must also give notice to the agent of record, if any, in the manner specified for the policyholder.

Subd. 4. Proof of mailing notice. Unless otherwise specifically required, United States Postal Service proof of mailing of the notice of cancellation, reduction in the limits of liability of coverage, or nonrenewal of an insurance policy is sufficient proof the proper notice has been given.