Texas Statutes and Rules Common to Life and Health Insurance
Several insurers writing in Texas agree among themselves that none will do business with an agency that also represents a new competitor. What does this describe?
Answer and explanation
Answer: A. A concerted refusal to deal, aimed at restraining trade in insurance, is a boycott. Chapter 541 prohibits boycott, coercion, and intimidation that unreasonably restrain the business.Source: Texas Insurance Code — Tex. Ins. Code ch. 541, subch. B, concerted refusals to deal
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