§ 79.21

Minnesota Express, Inc. v. Travelers Insurance Co. · 1983 1 citation

3. Did Laws of Minnesota 1979, Special Session, Chapter 3, Section 12 (Minn. Stat. § 79.211, Subd. 1) require insurers, from and after June 8, 1979, to exclude wages paid for vacation, holiday, or sick leave from the determination of workers’ compensation insurance premiums?

In Re Workers' Compensation Insurance Antitrust Litigation · 1983 8 citations

The plaintiffs allege that after 1979 the insurance companies entered into a private agreement to fix the price of workers’ compensation premiums at the maximum price established by the Commissioner of Insurance. In so doing, plaintiffs allege that the defendants not only defeated the intent of Minn. Stat. § 79.21 but violated the antitrust laws in the process. The plaintiffs do not challenge the ratemaking process established by the State of Minnesota. Rather, they claim that after the ratemaking process was over and the maximum price was set by the Commissioner the defendants entered into a private, unregulated, side agreement to maintain premiums at the maximum rate permitted by law.

The plaintiffs allege that after 1979 the insurance companies entered into a private agreement to fix the price of workers’ compensation premiums at the maximum price established by the Commissioner of Insurance. In so doing, plaintiffs allege that the defendants not only defeated the intent of Minn. Stat. § 79.21 but violated the antitrust laws in the process. The plaintiffs do not challenge the ratemaking process established by the State of Minnesota. Rather, they claim that after the ratemaking process was over and the maximum price was set by the Commissioner the defendants entered into a private, unregulated, side agreement to maintain premiums at the maximum rate permitted by law.

+ 6 more citations in this opinion.