UNFAIR METHODS AND UNFAIR OR DECEPTIVE ACTS AND PRACTICES.
Applied in 3 court decisions — leading case Austin Products Co. v. Workers' Compensation Insurers' Rating Ass'n of Minnesota (1989)
Most recently applied in Schermer v. State Farm Fire & Casualty Co. (September 2005)
1967 c 395 art 12 s 19; 1980 c 436 s 2; 1982 c 424 s 130; 1985 c 248 s 70; 1986 c 444
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Subdivision 1. Prohibition.
No person shall engage in this state in any trade practice which is defined in sections 72A.17 to 72A.32 as or determined pursuant to sections 72A.17 to 72A.32 to be an unfair method of competition or an unfair or deceptive act or practice in the business of insurance.
Subd. 2. Rulemaking.
The commissioner may, in accordance with chapter 14, promulgate reasonable rules as the commissioner deems necessary to enforce and administer the provisions of this chapter.
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.