Consumer Law Library

Independent Insurance Agents and Brokers of California, Inc.

Agency
Federal Trade Commission
Date
Citation
51 FR 36803
Type
notice
Pages
1
PDF
Original document (PDF)

Cut out of a daily Federal Register issue by software; the start and end may include neighboring text. The PDF excerpt shows the original pages.

BILLING CODE 6750-01-M 1 Copies of the Complaint and the Decisions and Orders are available from the Commission’s Public Reference Branch, H-130, 6th St. and Pa. Ave., NW., Washington, DC 20580.

16 CFR Part 13 [Docket C-3198] Independent Insurance Agents and Brokers of California, Inc.; Prohibited Trade Practices, and Affirmative Corrective Actions AGENCY: Federal Trade Commission. ACTION: Consent order.

SUMMARY: 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 San Francisco-based insurance agent association from encouraging its members to take action against insurance companies who use direct marketing.

d a t e : Complaint and Order issued Aug. 25,19861 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 and Brokers of California, 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; § 13.405 To discriminate unfairly or restrictively in general. List of Subjects in 16 CFR Part 13 Insurance agents, Trade practices. 1 Copies of the Complaint and the Decision and Order are available from the Commission’s Public Reference Branch. H-130, 6th Street and Pennsylvania Avenue, NW., Washington. DC 20580. (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. 86-23346 Filed 10-15-86; 8:45 am]