Subgroup on the Unfair Trade Practices Act - NAIC

  • MARKET CONDUCT AND CONSUMER AFFAIRS SUBCOMMITTEE (EX3)
  • 1990 1203 - Louisville
    • 1. Adopted amendments to the Unfair Claims Practices Act and Regulations and to the Unfair Trade Practices Act.
    • 2. Received the report of the Subgroup on Unfair Trade Practices regarding tying, misquotes of premium and other unfair trade practices. <Find>

1991-1A, NAIC Proc.

  • 3. Report of Subgroup on Unfair Trade Practices Act
  • The subcommittee then heard from Brad Connor(Mo.), Chair of the Subgroup on the Unfair Trade Practices Act.
    • Mr. Connor presented his written report dated Oct. 11, 1990 (Attachment Eight-B).
    • He reported that he had been given further direction from the NAIC leadership regarding the pursuit of unfair and improper tying arrangements as well as the practice of agents "low-balling" insurance premium quotations.

1991-1A, NAIC Proc.