Which of the following is NOT considered an unfair trade practice?

Replacement is not categorized as an unfair trade practice because it refers to the process of replacing an existing insurance policy with a new one. This can be a legitimate action taken by an insurance producer, provided it is done in a manner that is compliant with state regulations and the best interests of the policyholder. In contrast, actions such as misrepresentation, rebating, and coercion are typically seen as unethical practices that seek to deceive, manipulate, or unduly pressure consumers, undermining trust in the insurance industry and potentially causing harm to policyholders.