Sec. 9. (a) The use of a certificate of insurance form that: (1) is unfair, misleading, or deceptive; or (2) violates any law; is an unfair and deceptive act or practice in the business of insurance under IC 27-4-1-4 . (b) If: (1) the commissioner has reason to believe that a certificate of insurance form is described in subsection (a)(1) or (a)(2); and (2) the certificate of insurance form was provided by a financial institution; the commissioner may refer the matter to the department of financial institutions for review under IC 28 .
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