The following practices are defined as unfair trade practices in the business of insurance by any person:
Any rules promulgated pursuant to this subdivision (19) shall be no more restrictive than Title V of the Gramm-Leach-Bliley Act of 1999, Pub. L. No. 106-102;
False, Misleading, Deceptive or Unfair Practices Concerning Sales to Members of the Armed Forces. Notwithstanding any other provision in this title, the commissioner shall have the authority to adopt rules to protect service members of the United States armed forces from dishonest and predatory insurance sales practices by declaring certain identified practices to be false, misleading, deceptive or unfair; and
(A) Unauthorized Use of Lender Information. It is unlawful for any person to make, publish, disseminate, circulate, or place before the public, or cause, directly or indirectly, to be made, published, disseminated, circulated or placed before the public, in a newspaper, magazine or other publication, or in the form of a notice, circular, pamphlet, letter or poster or over the Internet or any radio or television, or in any other way, an advertisement, announcement or statement containing any assertion, representation, or statement with respect to the sale, distribution, offering for sale or advertising of any loan, refinance, insurance or any other product or service that is untrue, deceptive, or misleading.
It is unlawful for any person to commit any of the unlawful acts prohibited in § 45-2-1709(a)(1)(D) or (E).
For purposes of this subdivision (21), “lender” means any bank, savings and loan association, savings bank, trust company, credit union, industrial loan and thrift company, mortgage company, mortgage broker, or any subsidiary or affiliate of a bank, savings and loan association, savings bank, trust company, credit union, industrial loan and thrift company, mortgage company, or mortgage broker.
Structure 2021 Tennessee Code
Chapter 8 - Unfair Competition and Unfair or Deceptive Practices
Part 1 - Unfair Trade Practices and Unfair Claims Settlement Act of 2009
§ 56-8-103. Unfair Methods of Competition and Unfair or Deceptive Acts or Practices Prohibited
§ 56-8-104. Unfair Trade Practices Defined
§ 56-8-105. Unfair Claims Practice
§ 56-8-109. Violations of Part or Rules
§ 56-8-110. Promulgation of Rules and Orders — Review
§ 56-8-111. Powers of Commissioner Additional to Existing Law