Independent Insurance Agents of America, Inc.
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BILLING CODE 6750-01-M 16 CFR Part 13 [Docket No. C-3197] Independent Insurance Agents of America, Inc.; Prohibited Trade Practices, and Affirmative Corrective Actions AGENCY: Federal Trade Commission. a c t io n : Consent order. s u m m a r y : In settlement of alleged violations of Federal law prohibiting unfair acts and practices and unfair methods of competition, this consent order, among other things, prohibits a New York City-based insurance agent association from encouraging its members to refuse to deal with companies based on the companies’ sales policies.
d a t e : Complaint and Order issued August 25,1986.1 FOR FURTHER INFORMATION CONTACT: FTC/L-501, James C. Egan, Jr., Washington, DC 20580 (202) 254-6024. SUPPLEMENTARY INFORMATION: On Monday, June 9,1986, there was published in the Federal Register, 51 FR 20835, a proposed, consent agreement with analysis In the Matter of Independent Insurance Agents of America, Inc., a corporation, for the purpose of soliciting public comment. Interested parties were given sixty (60) days in which to submit comments, suggestions or objections regarding the proposed, form of order. No comments having been received, the Commission has ordered the issuance of the complaint in the form contemplated by the agreement, made its jurisdictional findings and entered its order to cease and desist, as set forth in the proposed consent agreement, in disposition of this proceeding. The prohibited trade practices and/or corrective actions, as codified under 16 CFR Part 13, are as follows: Subpart— Aiding, Assisting and Abetting Unfair or Unlawful Act or Practice: § 13.290 Aiding, assisting and abetting unfair act or practice. Subpart-—Coercing and Intimidating: § 13.367 Members. Subpart—Combining or Conspiring: § 13.384 Combining or conspiring; S 13.405 To discriminate unfairly or restrictively in general List of Subjects in 16 CFR Part 13 Insurance agents, Trade practices. (Sec. 6, 38 Stat. 721; 15 U.S.C. 46. Interprets or applies sec. 5, 38 Stat. 719, as amended; 15 U.S.C. 45) Emily H. Rock, Secretary.
[FR Doc 86-23348 Filed 10-15-86; 8:45 am]