(a) The purpose of this subchapter is to regulate trade practices in the business of insurance in accordance with the intent of the United States Congress as expressed in Pub. L. No. 79-15 by defining, or providing for the determination of, all practices in this state which constitute unfair methods of competition or unfair or deceptive acts or practices and by prohibiting the trade practices so defined or determined.
(b) However, no provisions of this subchapter are intended to establish or extinguish a private right of action for a violation of any provision of this subchapter.
Section: 23-66-202 23-66-203 23-66-204 23-66-205 23-66-206 23-66-207 23-66-208 23-66-209 23-66-210 23-66-211 23-66-212 23-66-213 23-66-214 23-66-215 NextLast modified: November 15, 2016