Texas Insurance Code - INS § 541.061. Misrepresentation of Insurance Policy

It is an unfair method of competition or an unfair or deceptive act or practice in the business of insurance to misrepresent an insurance policy by:

(1) making an untrue statement of material fact;

(2) failing to state a material fact necessary to make other statements made not misleading, considering the circumstances under which the statements were made;

(3) making a statement in a manner that would mislead a reasonably prudent person to a false conclusion of a material fact;

(4) making a material misstatement of law;  or

(5) failing to disclose a matter required by law to be disclosed, including failing to make a disclosure in accordance with another provision of this code.

Cite this article: FindLaw.com - Texas Insurance Code - INS § 541.061. Misrepresentation of Insurance Policy - last updated April 14, 2021 | https://codes.findlaw.com/tx/insurance-code/ins-sect-541-061.html


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