2016 Minnesota Statutes
Chapters 59A - 79A — INSURANCE
Chapter 79 — WORKERS' COMPENSATION INSURANCE
Section 79.50 — PURPOSES.
The purposes of this chapter are to:
(a) promote public welfare by regulating insurance rates so that premiums are not excessive, inadequate, or unfairly discriminatory;
(b) promote quality and integrity in the databases used in workers' compensation insurance ratemaking;
(c) prohibit price fixing agreements and anticompetitive behavior by insurers;
(d) define the function and scope of activities of data service organizations; and
(e) encourage insurers to provide alternative innovative methods whereby employers can meet the requirements imposed by section 176.181.
History: 1981 c 346 s 21; 1995 c 231 art 1 s 1
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