The IFM is the voice of Minnesota's property/casualty insurance industry.
Minnesota
Joined August 2024
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When a wildfire is caused by negligence, Minnesota homeowners should not be left paying the bill. IFM makes the case for clear accountability — and for protecting policyholders from losses they did not cause. Read this Duluth News Tribune commentary:
bit.ly/4znQpYe
Minnesotans should know when an outside investor has a financial stake in a lawsuit. Disclosure of third-party litigation funding and safeguards that protect consumers are just commonsense. And it's possible in MN: bit.ly/4AHVLig
Without disclosure of outside funding in litigation, courts and parties can’t know who’s really in charge. @BLaw reports on a letter by major companies demanding a TPLF disclosure rule.
Read more: news.bloomberglaw.com/busine…
Strong fire protection helps protect lives, property, and communities. Minnesota is investing $12.56 million in fire prevention, firefighter training, specialized response equipment and firefighter health. IFM serves on the advisory committee that recommended the funding.
DPS announces more than $12 million in funding to strengthen Minnesota’s fire service
dps.mn.gov/news/dps/dps-anno…
Insurance fraud is a crime, and honest policyholders foot the bill. If you suspect insurance fraud, use this secure online form. You can choose to remain anonymous. ofrs.naic.org/
A northern Minnesota couple is accused of burning down their bar in April 2025 as part of an attempt to cash in on a $700,000 insurance policy after getting upside down in the business, court documents allege. fox9.com/news/mn-couple-char…
In Minnesota, outside hedge funds and private equity firms are allowed to secretly finance lawsuits for a cut of the payout. 🕵️♂️⚖️This "third-party lawsuit funding" operates entirely in the shadows with zero transparency. Let's fix this like OH, NC, CO, MS, OK, TN, UT have done.
Ohio is the latest state to enact legislation increasing transparency around third-party litigation funding.
The new law requires funder registration, disclosure of funding agreements and prohibits foreign-funded #litigation investments. bit.ly/4gVZKQX
ALT A balanced golden scale is placed on a wooden table beside a gavel. Two individuals' hands are visible; one holds a pen over a notepad.
Insurance Federation of Minnesota - IFM retweeted
Insurance Federation of Minnesota provides guidance for homeowners after Floyd Lake tornado dl-online.com/news/local/hai…
Dealing with wind or hail damage? Beware of contractors who:
❌ Demand upfront payment
❌ Arrive in unmarked vehicles
❌ Offer to pay your insurance deductible
❌ Push you to sign an "estimate" immediately.
Do your homework first! 🏠👇
MORE: bit.ly/4aHZ11L
🚨 Following last night’s severe storms & likely tornado in the Detroit Lakes area, @InsFedMN urges homeowners to CALL your insurer before signing any repair contracts! Don't let storm-scamming "chasers" pressure you into predatory agreements. MORE: bit.ly/4aHZ11L
We all pay when the legal system is abused. A MN bipartisan legislative task force found "legal system abuse is a significant driver of rising insurance premiums." We need legal reforms. Let's start with more transparency. bit.ly/
TPLF investors claim they don't have a say over the litigation they fund. Their contracts often say otherwise — granting rights over key decisions, including settlement. Courts need to know who is in the courtroom but, without a rule, there is no guarantee of it.
Read more now: askabouttplf.com/?p=10773
Minnesotans deserve to know who is driving litigation. Even a bipartisan legislative task force recommends examining TPLF to bring transparency to our courts. : bit.ly/46f0ieu
An outside investor with contractual influence over litigation strategy is not a passive funder. Without a rule requiring disclosure, courts and parties have no real way to understand or account for that influence.
Learn more about TPLF’s influence: askabouttplf.com/?p=10773
Only 6,532 homes are insured for flooding in MN - that’s just 0.25% of eligible homes, down from 0.30% a year ago. Check with your insurance agent for cost and coverage. Remember - there's a 30-day waiting period before the policy takes effect.
In 2025, deadly #floods devastated communities across the U.S. at an unprecedented pace. In some of the hardest-hit areas, fewer than 1% of households carried flood #insurance.
Triple-I's Issues Brief examines the forces driving this coverage gap: bit.ly/4ayFilo
It's raining across much of the state today. Under Minnesota law, your headlights must be on. Daytime running lights are not enough. When your headlights are on, your taillights are activated so drivers behind you can see your vehicle in the rain and road spray. #DriveSmart
From 2020 to 2025, there were 33,183 distracted driving crashes in Minnesota. Prevent a crash and avoid an insurance claim...put your phone down! Extra enforcement now on MN roads.
April is Distracted Driving Awareness Month! DYK- Data from #CambridgeMobileTelematics shows that 34% of drivers who crashed interacted with their phones within the minute before the crash. Stay safe and avoid using your phone while driving.
#APCIASafeRoads #DDAM2026
Sirens will sound across Minnesota today as part of Severe Weather Awareness Week.
It’s a test—but the risks are real.
New data shows recovery systems are stretched thin.
✔ Take time to review your insurance coverage before storms hit.
READ more --> bit.ly/4szVwRa
Storm-scamming contractors move fast, but homeowners need to move carefully. 🚫 If a contractor pressures you to sign today or offers to "pay your deductible," it’s a major red flag. Verify licenses with MN DLI before work begins. READ MORE: bit.ly/4cJNlNd
Protect your home before the storm hits, if it's safe to do so. Bring in or secure patio furniture, grills, garbage cans, and tools. Anchor heavier items and make sure gutters and downspouts are firmly attached. Check your sump pump. Move cars into a garage if possible.
Severe Weather Awareness Week begins today and rough WX is possible. New data shows MN is ranked 4th in the nation with 1.8 million homes at moderate or greater risk of hail damage. It would cost $899 BILLION to rebuild. News Release: bit.ly/4szVwRa
Severe storms could hit Minnesota Monday, just as Severe Weather Awareness Week begins (April 13–17). New data shows recovery systems are under unprecedented strain. Now more than ever:
✔ Review your coverage
✔ Make a plan
Read more here: bit.ly/4szVwRa
Monday is looking nasty in Minnesota, with a threat of baseball-sized hail and tornadoes. bringmethenews.com/minnesota…
Next week (April 13–17) is Severe Weather Awareness Week in Minnesota. 🌪️ New research shows that recovery systems are facing unprecedented strain. Don't wait for the storm to check your insurance coverage. NEWS RELEASE: bit.ly/4szVwRa
Next week (April 13–17) is Severe Weather Awareness Week in Minnesota. 🌪️ New research shows that our state has 1.8 million homes at moderate or greater risk of hail damage. Don't wait for the storm to check your coverage. Read the news release here: bit.ly/4szVwRa