Information on Minnesota State Agencies, Boards, Task Forces, and Commissions
Compiled by the Minnesota Legislative Reference Library
Minnesota Insurance Guaranty Association
Function: Provides for the payment of covered claims to avoid financial loss to policyholders because of the liquidation of an insurer.
For purposes of administration and assessment the association shall be divided into five separate accounts: (1) the automobile insurance account, (2) the township mutuals account, (3) the fidelity and surety bond account, (4) the account for all other insurance to which this chapter applies, and (5) the workers' compensation insurance account.
The board does not expire.
Commerce Department: Insurance Division
9 members (including 2 public members); public members appointed by commissioner of commerce; 2-year terms; expense reimbursement.
Record last updated:
Additional print information on this group may be available in the
Library's collection of agency notebooks. Please contact a librarian for
assistance. The Minnesota Agencies database is a work in progress.