Indiana § 27-1-42-9 Unfair or deceptive acts

Indiana Statutes

§ 27-1-42-9 — Unfair or deceptive acts

Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 42 Certificates of Insurance

(a)The use of a certificate of insurance form that:

(1)is unfair, misleading, or deceptive; or

(2)violates any law; is an unfair and deceptive act or practice in the business of insurance under IC 27-4-1-4.

(b)If:

(1)the commissioner has reason to believe that a certificate of insurance form is described in subsection (a)(1) or (a)(2); and

(2)the certificate of insurance form was provided by a financial institution; the commissioner may refer the matter to the department of financial institutions for review under IC 28.

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(a) The use of a certificate of insurance form
that:
(1) is unfair, misleading, or deceptive; or
(2) violates any law;
is an unfair and deceptive act or practice in the business of insurance
under IC 27-4-1-4.
(b) If:
(1) the commissioner has reason to believe that a certificate of
insurance form is described in subsection (a)(1) or (a)(2); and
(2) the certificate of insurance form was provided by a financial
institution;
the commissioner may refer the matter to the department of financial
institutions for review under IC 28.

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