No person shall engage in this state in any trade practice that, although not expressly defined and prohibited in the Insurance Code, is found by the Director of the Department of Consumer and Business Services to be an unfair or deceptive act or practice in the transaction of insurance that is injurious to the insurance-buying public.
ORS 746.240
Applied in 1 court decision — leading case Associated Agents, Inc. v. Department of Insurance & Finance (1991)
Most recently applied in Associated Agents, Inc. v. Department of Insurance & Finance (June 1991)
1967 c.359 §589; 1973 c.281 §2
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.