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 practice prohibited by sections 375.934 and 375.937.
Mo. Rev. Stat. § 375.938
Director may investigate companies
Known as the Insurance Producers Act
The act spans §§ 375–375 (383 sections).
Applied in 1 court decision — leading case Ludwick v. Harbinger Group, Inc. (2016)
Most recently applied in Ludwick v. Harbinger Group, Inc. (February 2016)
Effective: 28 Aug 1991; (L. 1959 H.B. 251 § 5, A.L. 1978 H.B. 1447, A.L. 1991 S.B. 53)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.