Vermont § 4724 - Unfair methods of competition or unfair or deceptive acts or practices defined The following are hereby defined as unfair methods of competition or unfair or deceptive acts or practices in the business of insurance:

§ 4724. Unfair methods of competition or unfair or deceptive acts or practices defined The following are hereby defined as unfair methods of competition or unfair or deceptive acts or practices in the business of insurance:

• (1) Misrepresentations and false advertising of insurance policies. Making, issuing, circulating, or causing to be made, issued, or circulated, any estimate,
  illustration, circular, statement, sales presentation, omission, or comparison that: (A) misrepresents or fails to adequately disclose the benefits, advantages, conditions,
  exclusions, limitations, or terms of any insurance policy; or (B) misrepresents the dividends or share of the surplus to be received on any insurance
  policy; or (C) makes any false or misleading statements as to the dividends or share of surplus previously
  paid on any insurance policy; or (D) is misleading or is a misrepresentation as to the financial condition of any person,
  or as to the legal reserve system upon which any life insurer operates; or (E) uses any name or title of any insurance policy or class of insurance policies misrepresenting
  the true nature thereof; or (F) is a misrepresentation for the purpose of inducing or tending to induce the lapse,
  forfeiture, exchange, conversion, or surrender of any insurance policy; or (G) is a misrepresentation for the purpose of effecting a pledge or assignment of or effecting
  a loan against any insurance policy; or (H) misrepresents any insurance policy as being shares of stock. (2) False information and advertising generally. Making, publishing, disseminating, circulating, or placing before the public or causing,
  directly or indirectly, to be made, published, disseminated, circulated, or placed
  before the public, in a newspaper, magazine, or other publication, in the form of
  a notice, circular, pamphlet, letter, or poster or over any radio station or television
  station, or in any other way, an advertisement, announcement, or statement containing
  any assertion, representation, or statement with respect to the business of insurance
  or with respect to any person in the conduct of his or her business that is untrue,
  deceptive, or misleading. (3) Defamation. Making, publishing, disseminating, or circulating, directly or indirectly, or aiding,
  abetting, or encouraging the making, publishing, disseminating, or circulating of
  any oral or written statement or any pamphlet, circular, article or literature that
  is false, or maliciously critical of or derogatory to the financial condition of any
  person and which is calculated to injure such person. (4) Boycott, coercion, and intimidation. (A) Entering into any agreement to commit, or by any concerted action committing, any
  act of boycott, coercion, or intimidation resulting in or tending to result in unreasonable
  restraint of trade, or monopoly in, the business of insurance. (B) Committing any act of boycott, coercion, or intimidation in the marketing or sale
  of any insurance contracts. (5) False financial statements and entries. (A) Knowingly filing with any supervisory or other public official, or knowingly making,
  publishing, disseminating, circulating, or delivering to any person, or placing before
  the public, or knowingly causing directly or indirectly, to be made, published, disseminated,
  circulated, delivered to any person, or placed before the public, any false material
  statement of fact as to the financial condition of a person. (B) Knowingly making any false entry of a material fact in a book, report, or statement
  of any person or knowingly omitting to make a true entry of any material fact pertaining
  to the business of such person in any book, report, or statement of such person. (C) Knowingly concealing, withholding or destroying, mutilating, altering, or by any means
  falsifying any documentary material in the possession, custody, or control of any
  person after that person: