1. (1) is false or maliciously critical of or derogatory to the financial condition of an insurer or person proposing to become an insurer; and
2. (2) is calculated to injure a person engaged in or proposing to engage in the business of insurance.

A person may not make, publish, disseminate, or circulate, directly or indirectly, or aid, abet, or encourage the making, publishing, disseminating, or circulating of an oral or written statement or a pamphlet, circular, article, or literature that:

Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997.

Formerly Art. 48A, § 219.