Unfair claim settlement practices prohibited

What this document is

Mont. Code Ann. s. 33-18-201: Unfair claim settlement practices prohibited is a state statute published by Montana Legislative Services Division. It is one of the Montana documents that insurance license exam questions are written from, including montana life & health, montana 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.

• Mont. Code Ann. § 33-18-201(2) (Unfair Claim Settlement Practices)

  “fail to acknowledge and act reasonably promptly upon communications with respect to claims arising under insurance policies;”

• Mont. Code Ann. § 33-18-201(3) (Unfair Claim Settlement Practices)

  “fail to adopt and implement reasonable standards for the prompt investigation of claims arising under insurance policies;”

• Mont. Code Ann. § 33-18-201(1) (Unfair Claim Settlement Practices)

  “A person may not, with such frequency as to indicate a general business practice, do any of the following: (1) misrepresent pertinent facts or insurance policy provisions relating to coverages at issue;”

• Mont. Code Ann. Sec. 33-18-201(12) (Unfair claim settlement practices prohibited)

  “(12) delay the investigation or payment of claims by requiring an insured, claimant, or physician of either to submit a preliminary claim report and then requiring the subsequent submission of formal proof of loss forms, both of which submissions contain substantially the same information;”

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More Montana sources

• Mont. Code Ann. s. 33-18-202: Misrepresentation and false advertising of policies prohibitedState statute
• Mont. Code Ann. ss. 33-20-104 to 33-20-119: Standard life insurance policy provisionsState statute
• Mont. Code Ann. s. 33-17-1001: Suspension, revocation, or refusal of licenseState statute
• Montana Code Annotated Title 33 Chapter 15 - The Insurance Contract (33-15-101 through 33-15-1126)State statute
• Montana Code Annotated Title 33 Chapter 17 - Insurance Producers, Adjusters, Consultants and Administrators (33-17-101 through 33-17-1205)State statute
• Montana Code Annotated Title 33 Chapter 20 - Life Insurance and Annuity Contracts (33-20-101 through 33-20-1606)State statute
• Montana Code Annotated Title 33 Chapter 22 Parts 1-6 - Disability Insurance: general provisions, individual policy provisions, coverage requirements, group and blanket (33-22-101 through 33-22-604)State statute
• Montana Code Annotated Title 33 Chapter 22 Parts 7-22 - Disability Insurance: mental health parity, Medicare supplement, long-term care, reinsurance, preferred providers, small employer, dental (33-22-701 through 33-22-2205)State statute