(a) The purpose of this subchapter is to regulate trade practices in the business of insurance in accordance with the intent of the United States Congress as expressed in Pub. L. No. 79-15 by defining, or providing for the determination of, all practices in this state which constitute unfair methods of competition or unfair or deceptive acts or practices and by prohibiting the trade practices so defined or determined.
(b) However, no provisions of this subchapter are intended to establish or extinguish a private right of action for a violation of any provision of this subchapter.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subchapter 2 - Trade Practices Act
§ 23-66-204. Provisions of subchapter additional to existing law
§ 23-66-205. Unfair competition or unfair or deceptive acts or practices prohibited
§ 23-66-206. Unfair methods of competition and unfair or deceptive acts or practices defined
§ 23-66-207. Rules to identify prohibited methods of competition, acts, or practices
§ 23-66-208. Power of commissioner to examine and investigate
§ 23-66-209. Hearings — Procedures
§ 23-66-210. Cease and desist and penalty orders — Modifications
§ 23-66-211. Penalty for violation of cease and desist orders
§ 23-66-212. Judicial review of cease and desist orders
§ 23-66-213. Judicial review by intervenor
§ 23-66-215. Penalty for late payment of claims by health carriers