369.4(1)Where the Superintendent is of the opinion, on reasonable grounds, that any person is engaging in any unfair or deceptive act or practice in the business of insurance, the Superintendent may order that the person cease engaging in his business or any part thereof named in the order, and an order under this subsection may be made subject to such terms and conditions as the Superintendent may specify in the order and may be revoked when the Superintendent is satisfied that the unfair and deceptive acts or practices are corrected and not likely to recur.

369.4(2)No order shall be made under subsection (1) without a hearing unless in the opinion of the Superintendent the length of time required for a hearing could be prejudicial to the public interest, in which event a temporary order may be made which shall expire fifteen days from the date of the making thereof or such longer time as is consented to by the person entitled to the hearing.

369.4(3)A notice of every order made under subsection (1) shall be served upon every person named therein and upon such other persons as the Superintendent considers appropriate and thereupon no person shall engage in that part of the business of insurance that is the subject of the order.

369.4(4)A decision of the Superintendent to make an order under subsection (1) may be appealed to the Tribunal within 30 days after the date of the decision.

369.4(5)Despite subsection (4), the Tribunal may extend the period for appealing a decision, before or after the expiration of the time, if it is satisfied that there are reasonable grounds for an extension.

369.4(1)Where the Superintendent is of the opinion, on reasonable grounds, that any person is engaging in any unfair or deceptive act or practice in the business of insurance, the Superintendent may order that the person cease engaging in his business or any part thereof named in the order, and an order under this subsection may be made subject to such terms and conditions as the Superintendent may specify in the order and may be revoked when the Superintendent is satisfied that the unfair and deceptive acts or practices are corrected and not likely to recur.

369.4(2)No order shall be made under subsection (1) without a hearing unless in the opinion of the Superintendent the length of time required for a hearing could be prejudicial to the public interest, in which event a temporary order may be made which shall expire fifteen days from the date of the making thereof or such longer time as is consented to by the person entitled to the hearing.

369.4(3)A notice of every order made under subsection (1) shall be served upon every person named therein and upon such other persons as the Superintendent considers appropriate and thereupon no person shall engage in that part of the business of insurance that is the subject of the order.

369.4(4)A decision of the Superintendent to make an order under subsection (1) may be appealed to the Tribunal.

369.4(1)Where the Superintendent is of the opinion, on reasonable grounds, that any person is engaging in any unfair or deceptive act or practice in the business of insurance, the Superintendent may order that the person cease engaging in his business or any part thereof named in the order, and an order under this subsection may be made subject to such terms and conditions as the Superintendent may specify in the order and may be revoked when the Superintendent is satisfied that the unfair and deceptive acts or practices are corrected and not likely to recur.

369.4(2)No order shall be made under subsection (1) without a hearing unless in the opinion of the Superintendent the length of time required for a hearing could be prejudicial to the public interest, in which event a temporary order may be made which shall expire fifteen days from the date of the making thereof or such longer time as is consented to by the person entitled to the hearing.

369.4(3)A notice of every order made under subsection (1) shall be served upon every person named therein and upon such other persons as the Superintendent considers appropriate and thereupon no person shall engage in that part of the business of insurance that is the subject of the order.