Sh

If an insurer violates the provisions of the unfair claims settlement practices.

10000 dollars.

Willfully violates fair credit reporting act.

2500 dollars. Or 2 years.

Rebating

Any inducement offered to the insured in the sale of insurance products that is not specified in the policy

2 categories under the fair credit reporting act.

Consumer reports and investigative consumer reports.

Crimes involving dishonesty, breach of trust or violation.

Fines and up to 5 years in prison.

Officer, director, agent or other insurance employee who is convicted of embezzling funds.

Imprisonment. However, if the embezzlement was in the amount of less than 5000 dollars, prison time may be reduced to 1 year.

Consumer reports.

Include written or oral information regarding a consumer's credit character or reputation.

Fair credit reporting act.

Protects consumers against the circulation of inaccurate or obsolete personal or financial information.

Graham leach Bailey act.

Stipulates that in general an insurance company may not disclose nonpublic personal information to a nonaffiliated third party, etc.. For following reasons.

Coercion

To require, as a condition to alone, that the applicant purchased insurance from a specific insurer.

Twisting?

a misrepresentation or incomplete or fraudulent comparison of insurance policies that persuades and insured. to his or her detriment to cancel lapse or switch policy.

Investigative consumer reports.

Just like consumer reports, but with interviews with friends and family. These reports may not be done without permission from consumer.

Activities that affect interstate commerce.

Knowingly makes false material statements may be fined or imprisoned for up to 10 years or both. If the activity jeopardizes the security of the accompanied in

Defamation

When an oral or written statement is made that is intended to injure a person engaged in the insurance business. So applies to statements that are maliciously critical.