Tenn. Comp. R. & Regs. 0780-01-07-.11
Your attention is invited to Section 56-8-104, of Tennessee Code Annotated, in which the following are defined as unfair methods of competition and unfair and deceptive acts or practices in the business of insurance:
Misrepresentations and False Advertising of Policy Contracts.............................................
Boycott, Coercion and Intimidation...........................................................................
Unfair Discrimination...........................................................................................
Rebates.............................................................................................................
Requiring as a condition precedent to lending money upon the security of a mortgage or lien upon real or personal property, that the borrower for whom such financing is arranged, or the owner of the property, negotiate any policy of insurance covering such real or personal property through a particular insurance agent or broker, or insurance company; provided, however, that this provision shall not prevent the exercise by any lender or lien holder or mortgagee of its right to approve or disapprove, for reasons affecting solvency or other proper reasons, of the insurance company selected by the owner or borrower to underwrite the insurance............................................
Tenn. Comp. R. & Regs. 0780-01-07-.11
Authority: T.C.A. § 56-2-301.