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Section 375.930 – Citation of law — purpose — construction.

Effective – 28 Aug 1991 375.930. Citation of law — purpose — construction. — 1. Sections 375.930 to 375.948 may be cited as the “Unfair Trade Practice Act”. 2. The purpose of sections 375.930 to 375.948 is to regulate trade practices in the business of insurance in accordance with the Act of Congress of March […]

Section 375.932 – Definitions.

Effective – 28 Aug 1991 375.932. Definitions. — When used in sections 375.930 to 375.948, the following terms mean: (1) “Consultant”, an individual, partnership or corporation who, for a fee, holds himself or itself out to the public as engaged in the business of offering any advice, counsel, opinion or service with respect to the […]

Section 375.934 – Unfair trade practices — conditions.

Effective – 28 Aug 1991 375.934. Unfair trade practices — conditions. — It is an unfair trade practice for any insurer to commit any practice defined in section 375.936 if: (1) It is committed in conscious disregard of sections 375.930 to 375.948 or of any rules promulgated under sections 375.930 to 375.948; or (2) It […]

Section 375.936 – Unfair practices defined.

Effective – 28 Aug 1991 375.936. Unfair practices defined. — Any of the following practices, if committed in violation of section 375.934, are hereby defined as unfair trade practices in the business of insurance: (1) “Boycott, coercion, intimidation”, entering into any agreement to commit, or by any concerted action committing any act of boycott, coercion […]

Section 375.937 – Lenders, duties — prohibited acts.

Effective – 28 Aug 2004 375.937. Lenders, duties — prohibited acts. — 1. No person may require as a condition precedent to the lending of money or extension of credit, or any renewal thereof, that the person to whom such money or credit is extended or whose obligation a creditor is to acquire or finance, […]

Section 375.938 – Director may investigate companies.

Effective – 28 Aug 1991 375.938. Director may investigate companies. — The director shall have power to examine and investigate into the affairs of every insurer in this state in order to determine whether such insurer has been or is engaged in any unfair method of competition or in any unfair or deceptive act or […]

Section 375.940 – Procedure on charges or belief of unfair practices.

Effective – 28 Aug 2007 375.940. Procedure on charges or belief of unfair practices. — Whenever the director shall have reason to believe that any person or insurer has been engaged or is engaging in this state in any unfair method of competition or any unfair or deceptive act or practice in violation of sections […]

Section 375.942 – Administrative order for prohibited practices — penalty.

Effective – 28 Aug 2007 375.942. Administrative order for prohibited practices — penalty. — 1. If the director determines that an insurer has engaged, is engaging, or has taken a substantial step toward engaging in an act, practice, or course of business constituting a violation of sections 375.930 to 375.948 or a rule adopted or […]

Section 375.945 – Director’s determination, judicial review.

Effective – 28 Aug 1991 375.945. Director’s determination, judicial review. — 1. If after reviewing a written complaint alleging a violation of section 375.936 or 375.937 the director determines that a proceeding pursuant to section 375.940 would not be in the interest of the public, then any person who alleged commission of an unfair act […]

Section 375.946 – Violation of desist order, penalty.

Effective – 28 Aug 2007 375.946. Violation of desist order, penalty. — It is unlawful for any person to violate any provision of a cease and desist order of the director under section 375.942. The director may institute an action under sections 374.046 and 374.047 as necessary to enforce any such order. ­­——– (L. 1959 […]

Section 375.948 – Additional powers of director — promulgation of rules.

Effective – 28 Aug 1991 375.948. Additional powers of director — promulgation of rules. — 1. The powers vested in the director by sections 375.930 to 375.948 shall be additional to any other powers to enforce any penalties, fines or forfeitures authorized by law with respect to the methods, acts and practices hereby declared to […]