United States — Minnesota
Minnesota Statutes § 66A.12 - MUTUAL FIRE COMPANIES; PREMIUMS; CONTINGENT LIABILITY
1 provisions
Mutual fire companies must charge premiums and disclose contingent liability terms on policies; members’ contingent liability is capped, with a special rule for policies under one year, and some mutual insurers may issue policies with no contingent liability if they comply with section 66A.16, subdivision 3.