PocketLaw | Michigan Compiled Laws | Chapter 20 Unfair and Prohibited

Chapter 20 Unfair and Prohibited Trade Practices and Frauds (500.2001...500.2093)

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Section
500.2001

Short Title.

Section
500.2002

Purpose of Act.

Section
500.2003

Prohibited Trade Practices; "Person" Defined.

Section
500.2005

Misrepresentations.

Section
500.2005a

Unfair Method of Competition; Unfair or Deceptive Act or Practice.

Section
500.2006

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

Unfair Methods of Competition or Deception; False, Deceptive or Misleading Advertising.

Section
500.2008

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

False, Maliciously Critical, or Derogatory Statement as to Financial Condition.

Section
500.2010

Unfair Method of Competition; Unfair or Deceptive Act or Practice.

Section
500.2011

Unfair Methods of Competition; Unfair or Deceptive Acts or Practices.

Section
500.2012

Unfair Methods of Competition or Deception; Combinations in Restraint of Trade.

Section
500.2013

Violation of Chapter or Rule; Effect.

Section
500.2013a

Failure to Comply With MCL 500.3107e; Unfair Practice; Applicability to Other Rights.

Section
500.2014

False Material Statement of Financial Condition; False Entry or Omission of True Entry in Book, Report, or Statement.

Section
500.2015

Repealed. 1976, Act 273, Eff. Apr. 1, 1977.

Section
500.2016

Unfair Methods of Competition and Unfair and Deceptive Acts or Practices in Business of Insurance; Applicability of Section.

Section
500.2017

Unfair Methods of Competition or Deception; Illegal Inducements.

Section
500.2018

False or Fraudulent Statements or Representations as to Application for Insurance Policy.

Section
500.2019

Unfair Methods of Competition or Deception; Unfair Discrimination in Life Insurance.

Section
500.2020

Unfair Methods of Competition or Deception; Unfair Discrimination in Accident or Health Insurance.

Section
500.2021

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

Repealed. 1976, Act 273, Eff. Apr. 1, 1977.

Section
500.2023

Automatic Insurance on Debtor Contracting Credit.

Section
500.2024

Unfair Methods of Competition or Deception; Rebates and Special Inducements.

Section
500.2024a

Giving Merchandise to Applicants for Life Insurance.

Section
500.2024b

Construction of MCL 500.2024, 500.2066, and 500.2070.

Section
500.2025

Unfair Methods of Competition or Deception; Exclusions From Discrimination, Rebates.

Section
500.2026

Course of Conduct Indicating Persistent Tendency to Engage in That Type of Conduct.

Section
500.2027

Unfair Methods of Competition and Unfair or Deceptive Acts or Practices; Prohibited Conduct.

Section
500.2028

Examination; Investigation.

Section
500.2029

Notice of Hearing; Opportunity to Confer; Summary Disposition.

Section
500.2030

Hearing; Procedure; Intervention; Burden of Proof; Commissioner or Designate to Preside; Independent Hearing Officer; Peremptory Dismissal.

Section
500.2032

Unfair Methods of Competition or Deception; Hearing; Oaths; Witnesses; Evidence; Subpoenas; Contempt of Court; Stenographic Record; Statement of Evidence.

Section
500.2033

Hearing; Directing Witness to Give Testimony or Produce Evidence; Immunity; Perjury; Waiver of Immunity or Privilege.

Section
500.2034

Unfair Methods of Competition or Deception; Service of Notices, Process and Other Papers, Return.

Section
500.2038

Findings and Decision to Be in Writing; Cease and Desist Order; Other Orders; Stay; Modification or Setting Aside of Order.

Section
500.2039

Finality of Order.

Section
500.2040

Violation of Cease and Desist Order; Penalty; Stay; Contents of Cease and Desist Order.

Section
500.2041

Unfair Methods of Competition or Deception; Court Review of Orders, Findings of Fact Conclusive, Modification; Additional Evidence.

Section
500.2043

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

Unfair Methods of Competition or Deception; Court Review on Petition of Intervenor.

Section
500.2047

Trade Practice Conferences; Authorization by Insurance Commissioner; Purpose; Notice; Scope; Recommendation; Rules, Regulations, or Standards; Construction of Section.

Section
500.2049

Unfair Methods of Competition or Deception; Liability Under Other State Laws.

Section
500.2050

Construction of Chapter.

Section
500.2055

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

Misrepresentation of Insurer's Identity Prohibited; Advertising by Fire Insurer Not Limited; Violation as Misdemeanor; Penalty.

Section
500.2059

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

Repealed. 1986, Act 253, Eff. Dec. 31, 1987.

Section
500.2062

False Reports; Forfeiture of Franchise or Right to Do Business; Violation by Officers or Agents as Misdemeanor; Penalty.

Section
500.2064

Misrepresentation of Terms of Policy; Future Benefits or Dividends Prohibited; Illegal Inducements; Violation; Revocation of Certificate or License; Penalties.

Section
500.2066

Rebates and Illegal Inducements Prohibited; Violation; Revocation of License or Certificate; Penalties.

Section
500.2068

Revocation of License or Certificate; Notice; Hearing; Order; Review by Supreme Court.

Section
500.2069

Violation of MCL 500.2064 or 500.2066 as Misdemeanor; Penalty.

Section
500.2070

Acceptance of Rebate or Illegal Inducement Prohibited; Reduction of Insurance; Penalty.

Section
500.2074

Repealed. 2000, Act 486, Imd. Eff. Jan. 11, 2001.

Section
500.2075

Fire, Marine or Inland Insurer's Contract in Restraint of Competition Prohibited; Acts by Agent Prohibited; Other Prohibitions.

Section
500.2077

Creditors; Favoritism of Insurer Prohibited; Construction of Section, Violation, Penalty.

Section
500.2078

Agreements as to Placements of Insurance; Regulations.

Section
500.2080

Life Insurance, Accident Insurance, Sick or Funeral Benefit Company; Prohibited Conduct With Regard to Mortuary or Undertaking Establishments; 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

Racial Discrimination by Life Insurers Prohibited; Violation; Penalty.

Section
500.2086

False Report by Physician as to Life or Casualty Insurance Applicant; Penalty, Civil Liability to Insurer.

Section
500.2088

False Report by Physician; Claim for Death, Sickness or Disability Benefits, Penalty.

Section
500.2091

Unlawful Advertising; Notice to Supervisory Official.

Section
500.2092

Unlawful Advertising; Failure to Cease and Desist, Procedure.

Section
500.2093

Enforcement of Act Against Foreign or Alien Insurer; Procedure.