§ 500.2001 Short title
§ 500.2002 Purpose of act
§ 500.2003 Prohibited trade practices; “person” defined
§ 500.2005 Misrepresentations
§ 500.2005a Unfair method of competition; unfair or deceptive act or practice
§ 500.2006 Payment of benefits on timely basis; payment of interest in alternative; failure to pay claims or interest as unfair trade practice; liability for claim pursuant to judgment; proof of loss; inability
§ 500.2007 Unfair methods of competition or deception; false, deceptive or misleading advertising
§ 500.2008 Audit of insured’s payroll expenditures; purpose; request; failure to complete payroll audit or final audit as unfair or deceptive act or practice; failure to pay premium adjustment or dividend on tim
§ 500.2009 False, maliciously critical, or derogatory statement as to financial condition
§ 500.2010 Unfair method of competition; unfair or deceptive act or practice
§ 500.2011 Unfair methods of competition; unfair or deceptive acts or practices
§ 500.2012 Unfair methods of competition or deception; combinations in restraint of trade
§ 500.2013 Violation of chapter or rule; effect
§ 500.2013a Failure to comply with MCL 500.3107e; unfair practice; applicability to other rights
§ 500.2014 False material statement of financial condition; false entry or omission of true entry in book, report, or statement
§ 500.2016 Unfair methods of competition and unfair and deceptive acts or practices in business of insurance; applicability of section
§ 500.2017 Unfair methods of competition or deception; illegal inducements
§ 500.2018 False or fraudulent statements or representations as to application for insurance policy
§ 500.2019 Unfair methods of competition or deception; unfair discrimination in life insurance
§ 500.2020 Unfair methods of competition or deception; unfair discrimination in accident or health insurance
§ 500.2021 Failure to furnish insured rate information upon request; unfair method of competition and unfair or deceptive act or practice in business of insurance; exception
§ 500.2023 Automatic insurance on debtor contracting credit
§ 500.2024 Unfair methods of competition or deception; rebates and special inducements
§ 500.2024a Giving merchandise to applicants for life insurance
§ 500.2024b Construction of MCL 500.2024, 500.2066, and 500.2070
§ 500.2025 Unfair methods of competition or deception; exclusions from discrimination, rebates
§ 500.2026 Course of conduct indicating persistent tendency to engage in that type of conduct
§ 500.2027 Unfair methods of competition and unfair or deceptive acts or practices; prohibited conduct
§ 500.2028 Examination; investigation
§ 500.2029 Notice of hearing; opportunity to confer; summary disposition
§ 500.2030 Hearing; procedure; intervention; burden of proof; commissioner or designate to preside; independent hearing officer; peremptory dismissal
§ 500.2032 Unfair methods of competition or deception; hearing; oaths; witnesses; evidence; subpoenas; contempt of court; stenographic record; statement of evidence
§ 500.2033 Hearing; directing witness to give testimony or produce evidence; immunity; perjury; waiver of immunity or privilege
§ 500.2034 Unfair methods of competition or deception; service of notices, process and other papers, return
§ 500.2038 Findings and decision to be in writing; cease and desist order; other orders; stay; modification or setting aside of order
§ 500.2039 Finality of order
§ 500.2040 Violation of cease and desist order; penalty; stay; contents of cease and desist order
§ 500.2041 Unfair methods of competition or deception; court review of orders, findings of fact conclusive, modification; additional evidence
§ 500.2043 Unfair methods of competition or deception; procedure to enjoin, jurisdiction of circuit court; filing petition; additional evidence; modification of findings; issuance of injunction; preliminary noti
§ 500.2045 Unfair methods of competition or deception; court review on petition of intervenor
§ 500.2047 Trade practice conferences; authorization by insurance commissioner; purpose; notice; scope; recommendation; rules, regulations, or standards; construction of section
§ 500.2049 Unfair methods of competition or deception; liability under other state laws
§ 500.2050 Construction of chapter
§ 500.2055 Misrepresentation of insurer’s financial condition as misdemeanor; penalty; civil liability of officers and agents; forfeiture of chartered privileges; publication of true statement; other violations
§ 500.2057 Misrepresentation of insurer’s identity prohibited; advertising by fire insurer not limited; violation as misdemeanor; penalty
§ 500.2059 Maintaining or operating office for transaction of insurance business; using name of insurer in conducting or advertising business not related to business of insurance
§ 500.2062 False reports; forfeiture of franchise or right to do business; violation by officers or agents as misdemeanor; penalty
§ 500.2064 Misrepresentation of terms of policy; future benefits or dividends prohibited; illegal inducements; violation; revocation of certificate or license; penalties
§ 500.2066 Rebates and illegal inducements prohibited; violation; revocation of license or certificate; penalties
§ 500.2068 Revocation of license or certificate; notice; hearing; order; review by supreme court
§ 500.2069 Violation of MCL 500.2064 or 500.2066 as misdemeanor; penalty
§ 500.2070 Acceptance of rebate or illegal inducement prohibited; reduction of insurance; penalty
§ 500.2075 Fire, marine or inland insurer’s contract in restraint of competition prohibited; acts by agent prohibited; other prohibitions
§ 500.2077 Creditors; favoritism of insurer prohibited; construction of section, violation, penalty
§ 500.2078 Agreements as to placements of insurance; regulations
§ 500.2080 Life insurance, accident insurance, sick or funeral benefit company; prohibited conduct with regard to mortuary or undertaking establishments; funeral establishment, cemetery, or seller as limited lif
§ 500.2082 Racial discrimination by life insurers prohibited; violation; penalty
§ 500.2086 False report by physician as to life or casualty insurance applicant; penalty, civil liability to insurer
§ 500.2088 False report by physician; claim for death, sickness or disability benefits, penalty
§ 500.2091 Unlawful advertising; notice to supervisory official
§ 500.2092 Unlawful advertising; failure to cease and desist, procedure
§ 500.2093 Enforcement of act against foreign or alien insurer; procedure

Terms Used In Michigan Laws > Chapter 500 > Act 218 of 1956 > Chapter 20 - Unfair and Prohibited Trade Practices and Frauds

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • Alarm system: means any mechanical or electrical device, including an electronic access control system, a video monitoring system, a burglar alarm system, smoke detectors, or any other electronic system that is designed to emit an audible alarm or transmit a signal or message to a central monitoring station if it is activated and that is used to detect an unauthorized entry into a protected premises or alert other persons of the occurrence of a fire or medical emergency or the commission of an unlawful act against a person or in a protected premises. See Michigan Laws 338.2182
  • Allegation: something that someone says happened.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Applicant: means a person for which a registration statement is filed under section 3. See Michigan Laws 338.2182
  • Appraisal: A determination of property value.
  • Arrest: Taking physical custody of a person by lawful authority.
  • Background check: means a criminal history check administered by a public or private entity that examines federal and state government records in a manner that allows for the successful identification of the criminal offenses listed in section 4(3)(c). See Michigan Laws 338.2182
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Board: means the state board of forensic polygraph examiners. See Michigan Laws 338.1703
  • Commissioner: means the director. See Michigan Laws 500.102
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Cross examine: Questioning of a witness by the attorney for the other side.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Decedent: A deceased person.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Department: means department of licensing and regulatory affairs. See Michigan Laws 338.2182
  • Department: means the department of insurance and financial services. See Michigan Laws 500.102
  • Department: means the department of licensing and regulatory affairs. See Michigan Laws 338.2202
  • Dependent: A person dependent for support upon another.
  • Director: means , unless the context clearly implies a different meaning, the director of the department. See Michigan Laws 500.102
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Elevator journeyman: means a person who is qualified and licensed by this state to perform, or to provide supervision in the performance of, the work of installation, alteration, maintenance, repair, servicing, adjusting, inspecting, or testing of elevators. See Michigan Laws 338.2151
  • Employer: means a person who employs 1 or more persons or who accepts applications for employment of persons; or an agent of an employer. See Michigan Laws 338.1703
  • Enrollee: means an individual who is entitled to receive health services under a health insurance contract, unless the context requires otherwise. See Michigan Laws 500.116
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Examinee: means an individual who is being examined, tested, or questioned by an examiner or intern for the purpose of detecting deception or verifying truthfulness. See Michigan Laws 338.1703
  • Examiner: means any person, other than an intern, who does any of the following:
  (i) Purports to detect deception, verify truthfulness, or provide a diagnostic opinion of these matters through instrumentation or the use of a mechanical device. See Michigan Laws 338.1703
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fraud: Intentional deception resulting in injury to another.
  • Grace period: The number of days you'll have to pay your bill for purchases in full without triggering a finance charge. Source: Federal Reserve
  • Grand jury: agreement providing that a lender will delay exercising its rights (in the case of a mortgage,
  • Health insurance policy: means an expense-incurred hospital, medical, or surgical policy, certificate, or contract. See Michigan Laws 500.608
  • Health maintenance organization: means that term as defined in section 3501. See Michigan Laws 500.106
  • in writing: shall be construed to include printing, engraving, and lithographing; except that if the written signature of a person is required by law, the signature shall be the proper handwriting of the person or, if the person is unable to write, the person's proper mark, which may be, unless otherwise expressly prohibited by law, a clear and classifiable fingerprint of the person made with ink or another substance. See Michigan Laws 8.3q
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • insurance contract: means a contract of insurance, indemnity, suretyship, or annuity issued or proposed or intended for issuance by a person engaged in the business of insurance. See Michigan Laws 500.116
  • Insurance producer: means that term as defined in section 1201. See Michigan Laws 500.116
  • Insurer: means an individual, corporation, association, partnership, reciprocal exchange, inter-insurer, Lloyds organization, fraternal benefit society, or other legal entity, engaged or attempting to engage in the business of making insurance or surety contracts. See Michigan Laws 500.106
  • Intern: means a person who is actively engaged in an approved training program pursuant to becoming an examiner. See Michigan Laws 338.1703
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Local unit of government: means a city, county, village, or township, or a special district designated by law that exercises limited government powers or powers in respect to limited government subjects. See Michigan Laws 338.2182
  • month: means a calendar month; the word "year" a calendar year; and the word "year" alone shall be equivalent to the words "year of our Lord". See Michigan Laws 8.3j
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Occupational code: means 1980 PA 299, MCL 339. See Michigan Laws 338.2202
  • Operator: means an employee or independent contractor who performs alarm operator, dispatcher, or monitor functions for a security alarm system at a central monitoring station. See Michigan Laws 338.2182
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: means any natural person, firm, association, partnership, or corporation. See Michigan Laws 338.1703
  • Person: means an individual, partnership, corporation, limited liability company, or other legal entity. See Michigan Laws 338.2182
  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
  • Personal property: All property that is not real property.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Probable cause: A reasonable ground for belief that the offender violated a specific law.
  • Protected premises: means a location at or in which a system user's security alarm system is installed and maintained. See Michigan Laws 338.2182
  • Public examiner: means an examiner who performs or purports to perform the service of detecting deception or verifying truthfulness exclusively in his or her official capacity as a salaried employee of some agency, county, city, or township of this state. See Michigan Laws 338.1703
  • Rate: means the cost of insurance per payroll before adjustment for an individual insured's size, exposure, or loss experience. See Michigan Laws 500.2402
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Registrant: means a person that is registered by the department as a system provider. See Michigan Laws 338.2182
  • Registration: means a registration that is issued by the department. See Michigan Laws 338.2182
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Remote monitoring: means the retransmission of information received from a security alarm system to a central monitoring system. See Michigan Laws 338.2182
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Security alarm system: means a detection device or an assembly of equipment and devices that transmits signals to a central monitoring station and is arranged to signal the presence of a hazard that requires urgent attention or to which police are expected to respond. See Michigan Laws 338.2182
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • shall not apply: means that the pertinent provision is not operative as to certain persons or things or in conjunction with a particular date or dates. See Michigan Laws 8.4c
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
  • Subpoena: A command to a witness to appear and give testimony.
  • subscriber: means an individual who enters into an insurance contract for health insurance, or on whose behalf an insurance contract for health insurance is entered into, with an insurer. See Michigan Laws 500.116
  • System provider: means a person that engages in the business of selling, leasing, renting, maintaining, repairing, installing, or otherwise providing security alarm systems to the public at the protected premises or by remote monitoring. See Michigan Laws 338.2182
  • System user: means a person that uses a security alarm system at a protected premises or remotely. See Michigan Laws 338.2182
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • third party exam administrator: means a person outside of the department with which the department has entered into an agreement to administer an examination or test required under an article of the occupational code. See Michigan Laws 338.2205a
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
  • United States: shall be construed to include the district and territories. See Michigan Laws 8.3o