The bill, H.F. No. 1519, proposed in the Minnesota House of Representatives, seeks to regulate homeowners insurance advertisements. It requires insurance companies licensed in Minnesota that offer homeowners insurance to include specific financial disclosures in their advertisements. These disclosures must state:

1. The total amount the company spent on advertising and marketing in the previous calendar year.
2. If the company is publicly traded, the increase or decrease in its stock price over the previous calendar year.

The bill aims to enhance transparency in homeowners insurance advertising and has been referred to the Committee on Commerce Finance and Policy for further consideration.