No person shall engage in this state in any trade practice which is defined in this subchapter as being, or determined pursuant to this subchapter to be, an unfair method of competition or an unfair or deceptive act or practice in the business of insurance. This subchapter shall apply to policies and contracts of surplus line insurers, as appropriate and unless the context requires otherwise.
Ark. Code Ann. § 23-66-205
Unfair competition or unfair or deceptive acts or practices prohibited
Applied in 1 court decision — leading case Douglass v. Nationwide Mutual Insurance (1996)
Most recently applied in Douglass v. Nationwide Mutual Insurance (January 1996)
Acts 1959, No. 148, § 211; A.S.A. 1947, § 66-3004; Acts 1999, No. 881, § 8.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.