No person may, in connection with adjusting any claim, loss, or damage under a contract or policy of insurance, misrepresent to an insured, or any other person having an interest in the proceeds payable under the contract or policy the terms, coverage or effect of the contract or policy, for the purpose and with the intent of effecting settlement of the claim, loss, or damage under the contract or policy on less favorable terms than those provided in and contemplated by the contract or policy.
S.C. Code Ann. § 38-57-70
Misrepresentations in adjustment of claims prohibited
Applied in 1 court decision — leading case Masterclean, Inc. v. Star Insurance (2001)
Most recently applied in Masterclean, Inc. v. Star Insurance (November 2001)
Former 1976 Code SECTION 38-57-70 [1947 (45) 322; 1952 Code SECTION 37-1157; 1962 Code SECTION 37-1157] recodified as SECTION 23-9-370 by 1987 Act No. 155, SECTION 1; Former 197…
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.