Current through Pa Acts 2024-53, 2024-56 through 2024-95
Section 310.48 - Misrepresentations to an insured of another company(a) Prohibition.--No insurance producer shall, directly or indirectly, misrepresent or make an incomplete comparison of contracts of insurance for the purpose of inducing an insured of another insurer to lapse, forfeit or surrender his contract of insurance and to take out a contract of insurance insuring against similar risks with the licensee or solicitor's insurer.(b) Penalty.--A person that violates subsection (a) commits a misdemeanor of the third degree.1921, May 17, P.L. 789, art. VI-A, § 648-A, added 2002, Dec. 6, P.L. 1183, No. 147, § 2, effective in 180 days.