Bill > HF2990

This bill adjusts certain dollar amounts in Minnesota's no-fault auto insurance law to reflect inflation. Specifically, it increases the maximum benefits for medical expenses, income loss, replacement services, and survivor's benefits. It also modifies the limitations on noneconomic detriment damages, changing the criteria for when such damages may be recovered. The bill also increases the threshold for mandatory submission to binding arbitration and adjusts the timing of when benefits are considered overdue. These changes are effective August 1, 2020 and apply to incidents occurring on or after that date.

Business and Industry

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF2990&ssn=0&y=2019