MCL - 218-1956-20
Act 218 of 1956
UNFAIR AND PROHIBITED TRADE PRACTICES AND FRAUDS
| Document | Type | Description |
|---|---|---|
| Section 500.2001 | Section | Short title. |
| Section 500.2002 | Section | Purpose of act. |
| Section 500.2003 | Section | Prohibited trade practices; "person" defined. |
| Section 500.2005 | Section | Misrepresentations. |
| Section 500.2005a | Section | Unfair method of competition; unfair or deceptive act or practice. |
| Section 500.2006 | Section | Payment of benefits on timely basis; payment of interest in alternative; failure to pay claims or interest as unfair trade practice; liability for claim pursuant to judgment; proof of loss; inability to pay claim; interest requirements; failure of reinsurer to pay benefits on timely basis; effect of inconsistency with certain acts; exceptions; processing and payment procedures; notices; payment of 1 or more services listed on claim; violations; fines; definitions; section applicable to nonprofit dental care corporation. |
| Section 500.2007 | Section | Unfair methods of competition or deception; false, deceptive or misleading advertising. |
| Section 500.2008 | Section | Audit of insured's payroll expenditures; purpose; request; failure to complete payroll audit or final audit as unfair or deceptive act or practice; failure to pay premium adjustment or dividend on timely basis as unfair or deceptive act or practice; “timely basis” defined; interest; applicability of section. |
| Section 500.2009 | Section | False, maliciously critical, or derogatory statement as to financial condition. |
| Section 500.2010 | Section | Unfair method of competition; unfair or deceptive act or practice. |
| Section 500.2011 | Section | Unfair methods of competition; unfair or deceptive acts or practices. |
| Section 500.2012 | Section | Unfair methods of competition or deception; combinations in restraint of trade. |
| Section 500.2013 | Section | Violation of chapter or rule; effect. |
| Section 500.2013a | Section | Failure to comply with MCL 500.3107e; unfair practice; applicability to other rights. |
| Section 500.2014 | Section | False material statement of financial condition; false entry or omission of true entry in book, report, or statement. |
| Section 500.2015 | Section | Repealed. 1976, Act 273, Eff. Apr. 1, 1977. |
| Section 500.2016 | Section | Unfair methods of competition and unfair and deceptive acts or practices in business of insurance; applicability of section. |
| Section 500.2017 | Section | Unfair methods of competition or deception; illegal inducements. |
| Section 500.2018 | Section | False or fraudulent statements or representations as to application for insurance policy. |
| Section 500.2019 | Section | Unfair methods of competition or deception; unfair discrimination in life insurance. |
| Section 500.2020 | Section | Unfair methods of competition or deception; unfair discrimination in accident or health insurance. |
| Section 500.2021 | Section | Failure to furnish insured rate information upon request; unfair method of competition and unfair or deceptive act or practice in business of insurance; exception. |
| Section 500.2022 | Section | Repealed. 1976, Act 273, Eff. Apr. 1, 1977. |
| Section 500.2023 | Section | Automatic insurance on debtor contracting credit. |
| Section 500.2024 | Section | Unfair methods of competition or deception; rebates and special inducements. |
| Section 500.2024a | Section | Giving merchandise to applicants for life insurance. |
| Section 500.2024b | Section | Construction of MCL 500.2024, 500.2066, and 500.2070. |
| Section 500.2025 | Section | Unfair methods of competition or deception; exclusions from discrimination, rebates. |
| Section 500.2026 | Section | Course of conduct indicating persistent tendency to engage in that type of conduct. |
| Section 500.2027 | Section | Unfair methods of competition and unfair or deceptive acts or practices; prohibited conduct. |
| Section 500.2028 | Section | Examination; investigation. |
| Section 500.2029 | Section | Notice of hearing; opportunity to confer; summary disposition. |
| Section 500.2030 | Section | Hearing; procedure; intervention; burden of proof; commissioner or designate to preside; independent hearing officer; peremptory dismissal. |
| Section 500.2032 | Section | Unfair methods of competition or deception; hearing; oaths; witnesses; evidence; subpoenas; contempt of court; stenographic record; statement of evidence. |
| Section 500.2033 | Section | Hearing; directing witness to give testimony or produce evidence; immunity; perjury; waiver of immunity or privilege. |
| Section 500.2034 | Section | Unfair methods of competition or deception; service of notices, process and other papers, return. |
| Section 500.2038 | Section | Findings and decision to be in writing; cease and desist order; other orders; stay; modification or setting aside of order. |
| Section 500.2039 | Section | Finality of order. |
| Section 500.2040 | Section | Violation of cease and desist order; penalty; stay; contents of cease and desist order. |
| Section 500.2041 | Section | Unfair methods of competition or deception; court review of orders, findings of fact conclusive, modification; additional evidence. |
| Section 500.2043 | Section | Unfair methods of competition or deception; procedure to enjoin, jurisdiction of circuit court; filing petition; additional evidence; modification of findings; issuance of injunction; preliminary notice; application for trade conference. |
| Section 500.2045 | Section | Unfair methods of competition or deception; court review on petition of intervenor. |
| Section 500.2047 | Section | Trade practice conferences; authorization by insurance commissioner; purpose; notice; scope; recommendation; rules, regulations, or standards; construction of section. |
| Section 500.2049 | Section | Unfair methods of competition or deception; liability under other state laws. |
| Section 500.2050 | Section | Construction of chapter. |
| Section 500.2055 | Section | Misrepresentation of insurer's financial condition as misdemeanor; penalty; civil liability of officers and agents; forfeiture of chartered privileges; publication of true statement; other violations as misdemeanor; penalty. |
| Section 500.2057 | Section | Misrepresentation of insurer's identity prohibited; advertising by fire insurer not limited; violation as misdemeanor; penalty. |
| Section 500.2059 | Section | Maintaining or operating office for transaction of insurance business; using name of insurer in conducting or advertising business not related to business of insurance. |
| Section 500.2060 | Section | Repealed. 1986, Act 253, Eff. Dec. 31, 1987. |
| Section 500.2062 | Section | False reports; forfeiture of franchise or right to do business; violation by officers or agents as misdemeanor; penalty. |
| Section 500.2064 | Section | Misrepresentation of terms of policy; future benefits or dividends prohibited; illegal inducements; violation; revocation of certificate or license; penalties. |
| Section 500.2066 | Section | Rebates and illegal inducements prohibited; violation; revocation of license or certificate; penalties. |
| Section 500.2068 | Section | Revocation of license or certificate; notice; hearing; order; review by supreme court. |
| Section 500.2069 | Section | Violation of MCL 500.2064 or 500.2066 as misdemeanor; penalty. |
| Section 500.2070 | Section | Acceptance of rebate or illegal inducement prohibited; reduction of insurance; penalty. |
| Section 500.2074 | Section | Repealed. 2000, Act 486, Imd. Eff. Jan. 11, 2001. |
| Section 500.2075 | Section | Fire, marine or inland insurer's contract in restraint of competition prohibited; acts by agent prohibited; other prohibitions. |
| Section 500.2077 | Section | Creditors; favoritism of insurer prohibited; construction of section, violation, penalty. |
| Section 500.2078 | Section | Agreements as to placements of insurance; regulations. |
| Section 500.2080 | Section | Life insurance company, accident insurance company, sick or funeral benefit company; prohibited conduct with regard to funeral establishment, cemetery, or seller as limited life insurance producer; authorization to sell associated life insurance policies or annuity contracts; sale of cemetery goods or services or funeral goods or services; advising customers; application form; list; statement; sufficiency of death benefit; designation of certain beneficiaries prohibited; money payments required; medical, surgical, or hospital service; conditions and criteria regarding predeath assignment of proceeds of life insurance policy or annuity contract; false or misleading statements; false, misleading, deceptive, or unfair advertising; rules; protection against certain solicitations; signed statement authorizing release of assignment proceeds; failure to sign authorization statement; conditions to sale or solicitation of sale of life insurance policy or annuity contract with intention of having purchaser assign proceeds; action to enforce compliance; damages; violation as misdemeanor; separate offenses; penalties; creation, administration, and use of funeral consumers education and advocacy fund; definitions. |
| Section 500.2082 | Section | Racial discrimination by life insurers prohibited; violation; penalty. |
| Section 500.2086 | Section | False report by physician as to life or casualty insurance applicant; penalty, civil liability to insurer. |
| Section 500.2088 | Section | False report by physician; claim for death, sickness or disability benefits, penalty. |
| Section 500.2091 | Section | Unlawful advertising; notice to supervisory official. |
| Section 500.2092 | Section | Unlawful advertising; failure to cease and desist, procedure. |
| Section 500.2093 | Section | Enforcement of act against foreign or alien insurer; procedure. |