South Carolina Statutes
§ 38-57-70 — Misrepresentations in adjustment of claims prohibited.
No person may, in connection with adjusting any claim, loss, or damage under a contract or policy of insurance, misrepresent to an insured, or any other person having an interest in the proceeds payable under the contract or policy the terms, coverage or effect of the contract or policy, for the purpose and with the intent of effecting settlement of the claim, loss, or damage under the contract or policy on less favorable terms than those provided in and contemplated by the contract or policy.
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South Carolina § 38-57-70 (Misrepresentations in adjustment of claims prohibited.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: Former 1976 Code SECTION 38-57-70 [1947 (45) 322; 1952 Code SECTION 37-1157; 1962 Code SECTION 37-1157] recodified as SECTION 23-9-370 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-55-70 [1962 Code SECTION 37-1207; 1964 (53) 2293] recodified as SECTION 38-57-70 by 1987 Act No. 155, SECTION 1.
Nearby Sections
15
§ 38-57-10
Declaration of purpose.§ 38-57-140
Discrimination and rebating permitted in life insurance, annuities, and disability insurance.§ 38-57-150
Inducements prohibited; exception.§ 38-57-160
Advertising gifts permitted.§ 38-57-20
"Person" defined.§ 38-57-200
Findings and order.§ 38-57-220
Immunity from prosecution.§ 38-57-230
Violation of cease and desist order.