A.R.S. Title 20, Chapter 2, Article 2, Secs. 20-441 through 20-462: Unfair Trade Practices

What this document is

A.R.S. Title 20, Chapter 2, Article 2 - Unfair Trade Practices (Secs. 20-441 through 20-462) is a state statute published by Arizona State Legislature (azleg.gov). It is one of the Arizona documents that insurance license exam questions are written from, including arizona life & health, arizona property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• A.R.S. § 20-441(A) (Purpose of Article; Congressional Intent)

  “Among the purposes of this article is the regulation of trade practices in the business of insurance in accordance with the intent of Congress as expressed in the act of Congress of March 9, 1945, 59 Stat. 33, by defining, or providing for the determination of, all such practices in this state that...”

• A.R.S. § 20-446 (Acts tending to result in unreasonable restraint or monopoly of insurance business)

  “No person shall enter into any agreement to commit, or by any concerted action commit, any act of boycott, coercion or intimidation resulting in or tending to result in unreasonable restraint of, or monopoly in, the business of insurance.”

• A.R.S. § 20-445 (Defamation)

  “No person shall make, publish, disseminate or circulate, directly or indirectly, or aid, abet or encourage the making, publishing, disseminating or circulating of any oral or written statement or any pamphlet, circular, article, sales material or literature which is false or maliciously critical of...”

• A.R.S. § 20-448(B) (Unfair discrimination: accident and health insurance)

  “A person shall not make or permit any unfair discrimination respecting hemophiliacs or between individuals of the same class and of essentially the same hazard in the amount of premium, policy fees or rates charged for any policy or contract of disability insurance or in the benefits payable or in...”

• A.R.S. § 20-443(B) (False disclosure of compensation)

  “B. An insurance producer, consultant or third party administrator shall not falsely disclose the method or amount of compensation associated with a health benefits plan as defined in section 20-2301.”

• A.R.S. § 20-447(B) (False financial statements or records: false entries)

  “No person shall make any false entry in any book, report or statement of any insurer or other person required to have records under this title, with intent to deceive any agent or examiner lawfully appointed to examine into its condition or into any of its affairs, or any public official to whom...”

• A.R.S. § 20-444(A) (False or deceptive advertising of insurance)

  “A. No person shall make, publish, disseminate, circulate or place before the public, or cause, directly or indirectly, to be made, published, disseminated, circulated or placed before the public, in a newspaper, magazine or other publication, or in the form of a notice, circular, pamphlet, letter...”

• A.R.S. § 20-441(B) (Definition of Insurance Company or Insurer)

  “For the purposes of this article, "insurance company" or "insurer" means any: 1. Stock, mutual, reciprocal or title insurer. 2. Fraternal benefit society. 3. Health care services organization. 4. Hospital, medical, dental and optometric service corporation.”

• A.R.S. § 20-448(A) (Unfair discrimination: life insurance and annuities)

  “A person shall not make or permit any unfair discrimination between individuals of the same class and equal expectation of life in the rates charged for any contract of life insurance or of life annuity or in the dividends or other benefits payable or in any other of the terms and conditions of the contract.”

• A.R.S. § 20-448(G) (Unfair discrimination: living organ donors)

  “An insurer that offers life, disability or long-term care insurance contracts may not unfairly discriminate against a living organ donor in the offering, issuance, price or conditions of an insurance policy based solely, and without additional actuarial risks, on that person's status as a living organ donor.”

• A.R.S. § 20-443(A)(1) (Misrepresentation of policy terms and benefits)

  “A. A person shall not make, issue or circulate, or cause to be made, issued or circulated, any estimate, illustration, circular, sales material or statement: 1. Misrepresenting the terms of any policy issued or to be issued or the benefits or advantages promised or the dividends or share of the surplus to be received.”

• A.R.S. § 20-442 (Unfair Trade Practices Prohibited)

  “No person shall engage in this state in any trade practice which is prohibited by this article, or defined in this article as, or determined pursuant to this article to be, an unfair method of competition or an unfair or deceptive act or practice in the business of insurance.”

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Questions about this source

More Arizona sources

• Ariz. Rev. Stat. s. 20-443: Misrepresentations and false advertising of policiesState statute
• Ariz. Rev. Stat. s. 20-295: License denial, suspension, or revocation; civil penaltyState statute
• Ariz. Rev. Stat. ss. 20-448, 20-452: Unfair discrimination and rebatesState statute
• Ariz. Rev. Stat. ss. 20-1203 to 20-1210: Standard life insurance policy provisionsState statute
• Arizona Revised Statutes Title 20, Chapter 1 - General Provisions (Secs. 20-101 through 20-191)State statute
• Arizona Revised Statutes Title 20, Secs. 20-1001 onward - Prepaid Dental Plan Organizations and Related EntitiesState statute
• Arizona Revised Statutes Title 20, Secs. 20-1101 onward - The Insurance ContractState statute
• Arizona Revised Statutes Title 20, Secs. 20-1201 onward - Life Insurance Policy ProvisionsState statute