Michigan Compiled Laws
218-1956-20 - Chapter 20 Unfair and Prohibited Trade Practices and Frauds (500.2001...500.2093)
Section 500.2024a - Giving Merchandise to Applicants for Life Insurance.

Michigan Compiled Laws

Chapter 500 - Insurance Code of 1956

Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)

218-1956-20 - Chapter 20 Unfair and Prohibited Trade Practices and Frauds (500.2001...500.2093)

Section 500.2001 - Short Title.

Section 500.2002 - Purpose of Act.

Section 500.2003 - Prohibited Trade Practices; "Person" Defined.

Section 500.2005 - Misrepresentations.

Section 500.2005a - Unfair Method of Competition; Unfair or Deceptive Act or Practice.

Section 500.2006 - Payment of Benefits on Timely Basis; Payment of Interest in Alternative; Failure to Pay Claims or Interest as Unfair Trade Practice; Liability for Claim Pursuant to Judgment; Proof of Loss; Inability to Pay Claim; Interest Requirem...

Section 500.2007 - Unfair Methods of Competition or Deception; False, Deceptive or Misleading Advertising.

Section 500.2008 - Audit of Insured's Payroll Expenditures; Purpose; Request; Failure to Complete Payroll Audit or Final Audit as Unfair or Deceptive Act or Practice; Failure to Pay Premium Adjustment or Dividend on Timely Basis as Unfair or Deceptiv...

Section 500.2009 - False, Maliciously Critical, or Derogatory Statement as to Financial Condition.

Section 500.2010 - Unfair Method of Competition; Unfair or Deceptive Act or Practice.

Section 500.2011 - Unfair Methods of Competition; Unfair or Deceptive Acts or Practices.

Section 500.2012 - Unfair Methods of Competition or Deception; Combinations in Restraint of Trade.

Section 500.2013 - Violation of Chapter or Rule; Effect.

Section 500.2013a - Failure to Comply With MCL 500.3107e; Unfair Practice; Applicability to Other Rights.

Section 500.2014 - False Material Statement of Financial Condition; False Entry or Omission of True Entry in Book, Report, or Statement.

Section 500.2015 - Repealed. 1976, Act 273, Eff. Apr. 1, 1977.

Section 500.2016 - Unfair Methods of Competition and Unfair and Deceptive Acts or Practices in Business of Insurance; Applicability of Section.

Section 500.2017 - Unfair Methods of Competition or Deception; Illegal Inducements.

Section 500.2018 - False or Fraudulent Statements or Representations as to Application for Insurance Policy.

Section 500.2019 - Unfair Methods of Competition or Deception; Unfair Discrimination in Life Insurance.

Section 500.2020 - Unfair Methods of Competition or Deception; Unfair Discrimination in Accident or Health Insurance.

Section 500.2021 - Failure to Furnish Insured Rate Information Upon Request; Unfair Method of Competition and Unfair or Deceptive Act or Practice in Business of Insurance; Exception.

Section 500.2022 - Repealed. 1976, Act 273, Eff. Apr. 1, 1977.

Section 500.2023 - Automatic Insurance on Debtor Contracting Credit.

Section 500.2024 - Unfair Methods of Competition or Deception; Rebates and Special Inducements.

Section 500.2024a - Giving Merchandise to Applicants for Life Insurance.

Section 500.2024b - Construction of MCL 500.2024, 500.2066, and 500.2070.

Section 500.2025 - Unfair Methods of Competition or Deception; Exclusions From Discrimination, Rebates.

Section 500.2026 - Course of Conduct Indicating Persistent Tendency to Engage in That Type of Conduct.

Section 500.2027 - Unfair Methods of Competition and Unfair or Deceptive Acts or Practices; Prohibited Conduct.

Section 500.2028 - Examination; Investigation.

Section 500.2029 - Notice of Hearing; Opportunity to Confer; Summary Disposition.

Section 500.2030 - Hearing; Procedure; Intervention; Burden of Proof; Commissioner or Designate to Preside; Independent Hearing Officer; Peremptory Dismissal.

Section 500.2032 - Unfair Methods of Competition or Deception; Hearing; Oaths; Witnesses; Evidence; Subpoenas; Contempt of Court; Stenographic Record; Statement of Evidence.

Section 500.2033 - Hearing; Directing Witness to Give Testimony or Produce Evidence; Immunity; Perjury; Waiver of Immunity or Privilege.

Section 500.2034 - Unfair Methods of Competition or Deception; Service of Notices, Process and Other Papers, Return.

Section 500.2038 - Findings and Decision to Be in Writing; Cease and Desist Order; Other Orders; Stay; Modification or Setting Aside of Order.

Section 500.2039 - Finality of Order.

Section 500.2040 - Violation of Cease and Desist Order; Penalty; Stay; Contents of Cease and Desist Order.

Section 500.2041 - Unfair Methods of Competition or Deception; Court Review of Orders, Findings of Fact Conclusive, Modification; Additional Evidence.

Section 500.2043 - Unfair Methods of Competition or Deception; Procedure to Enjoin, Jurisdiction of Circuit Court; Filing Petition; Additional Evidence; Modification of Findings; Issuance of Injunction; Preliminary Notice; Application for Trade Confe...

Section 500.2045 - Unfair Methods of Competition or Deception; Court Review on Petition of Intervenor.

Section 500.2047 - Trade Practice Conferences; Authorization by Insurance Commissioner; Purpose; Notice; Scope; Recommendation; Rules, Regulations, or Standards; Construction of Section.

Section 500.2049 - Unfair Methods of Competition or Deception; Liability Under Other State Laws.

Section 500.2050 - Construction of Chapter.

Section 500.2055 - Misrepresentation of Insurer's Financial Condition as Misdemeanor; Penalty; Civil Liability of Officers and Agents; Forfeiture of Chartered Privileges; Publication of True Statement; Other Violations as Misdemeanor; Penalty.

Section 500.2057 - Misrepresentation of Insurer's Identity Prohibited; Advertising by Fire Insurer Not Limited; Violation as Misdemeanor; Penalty.

Section 500.2059 - Maintaining or Operating Office for Transaction of Insurance Business; Using Name of Insurer in Conducting or Advertising Business Not Related to Business of Insurance.

Section 500.2060 - Repealed. 1986, Act 253, Eff. Dec. 31, 1987.

Section 500.2062 - False Reports; Forfeiture of Franchise or Right to Do Business; Violation by Officers or Agents as Misdemeanor; Penalty.

Section 500.2064 - Misrepresentation of Terms of Policy; Future Benefits or Dividends Prohibited; Illegal Inducements; Violation; Revocation of Certificate or License; Penalties.

Section 500.2066 - Rebates and Illegal Inducements Prohibited; Violation; Revocation of License or Certificate; Penalties.

Section 500.2068 - Revocation of License or Certificate; Notice; Hearing; Order; Review by Supreme Court.

Section 500.2069 - Violation of MCL 500.2064 or 500.2066 as Misdemeanor; Penalty.

Section 500.2070 - Acceptance of Rebate or Illegal Inducement Prohibited; Reduction of Insurance; Penalty.

Section 500.2074 - Repealed. 2000, Act 486, Imd. Eff. Jan. 11, 2001.

Section 500.2075 - Fire, Marine or Inland Insurer's Contract in Restraint of Competition Prohibited; Acts by Agent Prohibited; Other Prohibitions.

Section 500.2077 - Creditors; Favoritism of Insurer Prohibited; Construction of Section, Violation, Penalty.

Section 500.2078 - Agreements as to Placements of Insurance; Regulations.

Section 500.2080 - Life Insurance, Accident Insurance, Sick or Funeral Benefit Company; Prohibited Conduct With Regard to Mortuary or Undertaking Establishments; Funeral Establishment, Cemetery, or Seller as Limited Life Insurance Producer; Authoriza...

Section 500.2082 - Racial Discrimination by Life Insurers Prohibited; Violation; Penalty.

Section 500.2086 - False Report by Physician as to Life or Casualty Insurance Applicant; Penalty, Civil Liability to Insurer.

Section 500.2088 - False Report by Physician; Claim for Death, Sickness or Disability Benefits, Penalty.

Section 500.2091 - Unlawful Advertising; Notice to Supervisory Official.

Section 500.2092 - Unlawful Advertising; Failure to Cease and Desist, Procedure.

Section 500.2093 - Enforcement of Act Against Foreign or Alien Insurer; Procedure.