Current as of January 01, 2019 | Updated by FindLaw Staff
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(a) Prohibition.--No insurance producer shall, directly or indirectly, misrepresent or make an incomplete comparison of contracts of insurance for the purpose of inducing an insured of another insurer to lapse, forfeit or surrender his contract of insurance and to take out a contract of insurance insuring against similar risks with the licensee or solicitor's insurer.
(b) Penalty.--A person that violates subsection (a) commits a misdemeanor of the third degree.
No financial institution may impose any unreasonable requirement on an insurance producer not associated with that financial institution.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 40 P.S. Insurance § 310.48. Misrepresentations to an insured of another company - last updated January 01, 2019 | https://codes.findlaw.com/pa/title-40-ps-insurance/pa-st-sect-40-310-48.html
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