Mich. Comp. Laws § 500.2005a. Unfair method of competition; unfair or deceptive act or practice: Uniform Trade Practices Act – Michigan

Status: Enacted
Year Enacted: 1992
File: Download

An unfair method of competition and an unfair or deceptive act or practice in the business of insurance includes knowingly making any misleading representation or incomplete or fraudulent comparison of any insurance policies, certificates, or contracts of insurers, health care corporations, or health maintenance organizations for the purpose of inducing, or tending to induce, any person to lapse, forfeit, surrender, terminate, retain, pledge, assign, borrow on, or convert any insurance policy, certificate.

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