Maine Revised Statutes Title 17-A Sec. 901-A – Deceptive insurance practices
Current as of: 2023 | Check for updates
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1. A person is guilty of deceptive insurance practices if in the course of engaging in the business of insurance that person intentionally makes a false statement with respect to a material fact concerning, or intentionally materially alters, any of the following:
A. A document filed with the Superintendent of Insurance or the insurance regulatory official or agency of another jurisdiction with respect to:
(1) The financial condition of an insurer;
(2) The formation, acquisition, merger, consolidation, dissolution or withdrawal from one or more lines of insurance in all or part of this State by an insurer;
(3) The issuance of written evidence of insurance; or
(4) The reinstatement of an insurance policy; [PL 1997, c. 779, §2 (NEW).]
B. A document submitted by an insured, claimant or applicant to an insurer, insurance producer or other person; or [PL 1997, c. 779, §2 (NEW).]
C. A document or report filed with a law enforcement agency. [PL 1997, c. 779, §2 (NEW).]
[PL 1997, c. 779, §2 (NEW).]
Attorney's Note
Under the Maine Revised Statutes, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Class D crime | up to 1 year | up to $2,000 |
Terms Used In Maine Revised Statutes Title 17-A Sec. 901-A
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
2. A person is guilty of deceptive insurance practices if in the course of engaging in the business of insurance that person intentionally does any of the following:
A. Transacts the business of insurance in this State without proper licensure, certification or authorization; [PL 1997, c. 779, §2 (NEW).]
B. Destroys, conceals, removes or otherwise impairs the verity or availability of any records of an insurer with the intent to deceive; or [PL 1997, c. 779, §2 (NEW).]
C. Solicits or accepts new or renewal insurance risks on behalf of an insurer or the person engaged in the business of insurance by a person who knows or should know that the insurer or other person responsible for the risk is insolvent at the time of the transaction. [PL 1997, c. 779, §2 (NEW).]
[PL 1997, c. 779, §2 (NEW).]
3. Deceptive insurance practices is a Class D crime.
[PL 1997, c. 779, §2 (NEW).]
SECTION HISTORY
PL 1997, c. 779, §2 (NEW).