2014 New York Laws
ISC - Insurance
Article 26 - (2601 - 2615) UNFAIR CLAIM SETTLEMENT PRACTICES; OTHER MISCONDUCT; DISCRIMINATION
2604 - False statements as to insurers.

NY Ins L § 2604 (2014) What's This?

2604. False statements as to insurers. No person shall either (i) wilfully make, circulate or transmit to another any statement written, printed or by word of mouth, which is untrue in fact and is directly or by inference derogatory to the financial condition, or affects the solvency or financial standing, of any insurer doing business in this state, or (ii) knowingly counsel, aid, procure or induce another to start, transmit or circulate any such statement.


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