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Peter H. Thrane, Esq.
Peter H. Thrane, Esq.
Stinson LLP
(612) 335-1779
dbo.fn jc Profile(vBoNetContact.ID)
Profile
Peter H. Thrane, Esq.
Stinson LLP
50 South Sixth Street, Suite 2600 Minneapolis, MN 55402
(612) 335-1779
Regulatory Cnsl Mbr
Business Transactions, Legislative, Litigation, Regulatory
Minnesota
Bio
Pete represents insurers, producers and administrators in enforcement and transactional matters before Minnesota's insurance, taxation and workers compensation regulators. He also advises insurers on mergers, acquisitions, assumption reinsurance transactions, insurer formation and dissolution, product distribution mechanisms, governance matters, product development, producer licensing and compliance matters. 

Pete has been a leader in the development of Minnesota's insurance regulatory policy for over two decades.  Working with Minnesota's insurance trades, he designed and drafted Minnesota's significant 2017 market conduct reform.  He also led the development and enactment of dozens of Minnesota insurance regulatory measures, including the enabling legislation for the stamping office (and its subsequent organization), fraternal benefit solvency reform, ridesharing insurance regulation, service contract and portable electronics regulation and adjuster licensing revisions.

Prior to entering private practice, Pete was an officer of a large national insurer, where his assignments included serving as division counsel and subsequently as group counsel, leading a group of attorneys, paralegals and compliance professionals providing counsel to the company's niche markets.   Early in his in house career, Pete managed high profile rating matters before over 30 state insurance regulatory agencies.

Pete chairs Stinson's Healthcare and Insurance Division.  

Professional Activities
    Minnesota Chamber Business Services Corporation, the insurance marketing arm of the Minnesota Chamber of Commerce, former Chair, Board of Directors
    American Fraternal Alliance, Public Policy Task Force 
    Medical Malpractice Insurance Committee, American Insurance Association, former Chair
    Workers’ Compensation, Special Compensation Fund Advisory Committee, Minnesota Department of Labor and Industry, former Chair
    Minnesota Insurance Guaranty Association, former Director
    Policy and Planning Council, Insurance Federation of Minnesota, former Co-Chair

Recognitions
    Recognized by The Best Lawyers in America® in insurance law for over a decade. 
    Received a Client's Choice designation from Lexology, recognized for delivering exceptional client service.  

Publications
•	Alert 08.16.2017 
        DOL Fiduciary Rule Status Update for Fraternal Benefit Societies 

•	Alert 05.12.2017 
        Minnesota Enacts Market Conduct Examination Reforms

Admissions
    State of Minnesota

Education
    Drake University Law School, J.D., cum laude, 1984
    Concordia College, B.A., 1981

Published Articles

TitlePublish Date
There are no records.

Published Alerts

TitlePublish Date
Minnesota Revenue Department Clarifies Surplus Lines Taxation and Broker Fees3/17/2020

Positions in FORC

CommitteePosition
There are no records.