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Marginalia
Code · Minnesota · Chapter 79

79.50 PURPOSES.

83 words·~1 min read·/mn/chapter-79/79-50

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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 .
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