Minnesota automobile insurance plan #Minnesota #Automobile #Assigned #Claims #Bureau



Minnesota automobile insurance plan

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Minnesota automobile insurance plan

Minnesota Automobile Assigned
Claims Plan

231 Central Ave Ste. A
Osseo, MN 55369

Phone 763-425-6634
Facsimile 855-976-4878

EFFECTIVE DATE
JANUARY 1, 1975

REVISED EDITION
FEBRUARY 24, 2004

FORWARD

This publication is designed for administrative use by insurers and self-insurers who are members of the Minnesota Automobile Assigned Claims Bureau. It is not the purpose of any statement in this publication to interpret the application of the benefits under the law in any individual case.

MINNESOTA AUTOMOBILE ASSIGNED CLAIMS PLAN

A PLAN AUTHORIZED BY THE MINNESOTA NO-FAULT AUTOMOBILE INSURANCE ACT (1974) TO PROVIDE THE GUARANTEE THAT BASIC ECONOMIC LOSS BENEFITS WILL BE AVAILABLE TO ANY PERSON ENTITLED TO SUCH BENEFITS AND UNABLE TO OBTAIN THEM THRU OTHER MEANS.

Sec. 1. EFFECTIVE DATE

The Minnesota Automobile Assigned Claims Plan will be effective January 1, 1975. Each reparation obligor providing basic economic loss insurance in Minnesota shall participate in the Assigned Claims Bureau and the Assigned Claims Plan.

Sec. 2. ADMINISTRATION

The Bureau shall be administered by a Governing Committee and a Plan Administrator. The Governing Committee (hereinafter referred to as “the committee”) shall consist of four individuals selected by the insurer members, one individual selected by the self-insurer members, and two public members appointed by the governor. The Plan Administrator shall be appointed by the Committee

Biennially on a date fixed by the committee, each respective class of companies heretofore described and the Self-Insurers shall elect its representative to the Committee to serve two-year terms or until a successor is elected. The governor shall appoint two public members to serve two-year terms. Forty-five (45) days’ notice of such meeting shall be given in writing to all companies and Self-Insurers which are members of the Bureau.

Each company and Self-Insurer serving on the Committee shall be represented by a salaried employee of the company or organization. A company leaving its class of companies shall resign its seat at the next meeting of the committee. If a public member resigns, or otherwise leaves the Committee, a successor shall be appointed by the governor to complete the term.

A majority of Bureau members shall constitute a quorum for purposes of electing members to the Committee. Voting by proxy shall be permitted.

The notice of each biennial meeting shall be accompanied by an agenda for such a meeting. At such biennial meeting a company or organization may cast one vote for each vacant seat on the Committee for its class of companies or organization.

A trade group member vacancy on the committee shall be filled by the respective organization which shall appoint a successor to serve until the next election. If a non-affiliated company vacancy occurs, a successor to serve until the next biennial meeting shall be elected by the non-affiliated companies. If a Self-Insurer vacancy occurs, a successor to serve until the next biennial meeting shall be elected by the Self-Insurers .

Sec. 3. LOCATION AND STAFF

The mailing address and telephone number of the Plan will be as follows:

MINNESOTA AUTOMOBILE ASSIGNED CLAIMS BUREAU
231 Central Avenue, Ste. A Osseo, MN 55369
Tel.: 763-425-6634; Facsimile: 855-976-4878;
e-mail: maacb@maacb.comcastbiz.net; website: www.maacb.org

Sec. 4. PERSONS ENTITLED TO BENEFITS

The purpose of the Minnesota Automobile Assigned Claims Plan is to provide basic economic loss benefits to any eligible claimant, if such benefits are not otherwise available. For example, the plan will provide basic economic loss benefits to a non-car owning pedestrian who is not otherwise insured and is struck by an uninsured or unidentified motorist.


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