Michigan Compiled Laws

Mich. Comp. Laws § 500.2009 (2026)

False, maliciously critical, or derogatory statement as to financial condition.

✓ current as of July 2026

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THE INSURANCE CODE OF 1956

Act 218 of 1956

500.2009 False, maliciously critical, or derogatory statement as to financial condition.

Sec. 2009.

Unfair methods of competition and unfair or deceptive acts or practices in the business of insurance include the making, publishing, disseminating, or circulating, directly or indirectly, or aiding, abetting, or encouraging the making, publishing, disseminating, or circulating of an oral or written statement or a pamphlet, circular, article, or literature which is false, or maliciously critical of, or derogatory to the financial condition of a person engaged in the business of insurance, and which is calculated to injure a person engaged in the business of insurance.

History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1976, Act 273, Eff. Apr. 1, 1977

PopularName Notes:

Act 218

Notes of Decisions

Cited in 1 case, 1982–1982 · leading case: Am. Way Serv. Corp. v. Comm'r of Ins., 317 N.W.2d 870 (Mich. Ct. App. 1982).

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Am. Way Serv. Corp. v. Comm'r of Ins., 317 N.W.2d 870 (Mich. Ct. App. 1982). · cites it 2× “Appellants appeal as of right a lower court judgment upholding a July 7, 1980, order of the Insurance Bureau of the Michigan Department of Commerce finding them in violation of the provisions of MCL 500.2009; MSA 24.12009, and MCL 500.2027; MSA 24.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.