Indiana § 27-4-1-11 Foreign or alien insurer's unfair competition or unfair or deceptive
practice by periodical or radio; notice to supervisory official of
domiciliary state

Indiana Statutes

§ 27-4-1-11 — Foreign or alien insurer's unfair competition or unfair or deceptive practice by periodical or radio; notice to supervisory official of domiciliary state

Indiana·Title 27 INSURANCE·Art. 4 UNFAIR COMPETITION; UNAUTHORIZED·Ch. 1 Unfair Competition; Unfair or Deceptive Acts and

If any foreign or alien insurer engages in this
state in an unfair method of competition or in an unfair or deceptive
practice as defined in section 4(1) or 4(2) of this chapter by means of
any advertisement, announcement, or statement, in any magazine or
other periodical publication having a general circulation in more than
five (5) states, or by means of any radio broadcast to more than five (5)
states, including the state of domicile of such insurer, and if the laws
of the state where such insurer is domiciled make provision for
enjoining of such method of competition or practice, it shall be the duty
of the commissioner to advise the insurance supervisory official of such
domiciliary state of the violation in order that he may take appropriate
action, but the commissioner shall have no

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If any foreign or alien insurer engages in this
state in an unfair method of competition or in an unfair or deceptive
practice as defined in section 4(1) or 4(2) of this chapter by means of
any advertisement, announcement, or statement, in any magazine or
other periodical publication having a general circulation in more than
five (5) states, or by means of any radio broadcast to more than five (5)
states, including the state of domicile of such insurer, and if the laws
of the state where such insurer is domiciled make provision for
enjoining of such method of competition or practice, it shall be the duty
of the commissioner to advise the insurance supervisory official of such
domiciliary state of the violation in order that he may take appropriate
action, but the commissioner shall have no authority to proceed, with
respect to such violation, under either section 5 or 8 of this chapter. For
the purpose of this section the domiciliary state of an alien insurer shall
be deemed to be its state of entry, or the state of the principal office in
the United States.
Formerly: Acts 1947, c.112, s.11. As amended by P.L.252-1985,
SEC.152.

Indiana § 27-4-1-11 (Foreign or alien insurer's unfair competition or unfair or deceptive practice by periodical or radio; notice to supervisory official of domiciliary state) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.