NAIC: Unfair Trade Practices Act

Table of Contents

NAIC:  Unfair Trade Practices Act   Purpose   Legislative History Insurance Activities Other than Sales Financial Activities Other than Insurance   Nondiscrimination   Limitation   Definitions   United States v. Southeastern Underwriters Association   Developing Legislation   Gramm-Leach-Bliley Act Key Points   Is It Still Relevant?     Redlining   Section 5.  Favored Agent or Insurer, Coercion of Debtor   Section 7. Defined and Undefined Practices   Section 8. Cease-and-Desist and Penalty Orders   Section 9. Judicial Review of Orders   Section 11. Penalty for Violation of Cease-and-Desist Orders   Section 12.  Regulations   Defining Unfair Trade Practices   Unfair Discrimination   Section 4. G.   Countries Divided by Risk: A, B, C, and D   Rebates   NAIC Unfair Trade Practices Act defines rebates   Prohibited Group Enrollments

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Failure to Maintain Marketing and Performance Records   Failure to Maintain Complaint Handling Procedures   Misrepresentation on Insurance Applications   Unfair Financial Planning Practices   Failure to File or Certify LTC Sales   Failure to Provide Claims History   Favored Agent or Insurer

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United Insurance Educators, Inc.

PO BOX 1030

Eatonville, Washington 98328-8638

Telephone: (253) 846-1155

Email: mail@uiece.com