Ala. Admin. Code r. 482-1-132-.08

Current through Register Vol. 43, No. 02, November 27, 2024

Section 482-1-132-.08 - Jurisdictional Licensing And Status Of Insurer

(1) An advertisement that is intended to be seen or heard beyond the limits of the jurisdiction in which the insurer is licensed shall not imply licensing beyond those limits.

(2) An advertisement may state that an insurer or insurance producer is licensed in a particular state or states provided it does not exaggerate that fact or suggest or imply that competing insurers or insurance producers may not be so licensed.

(3) An advertisement shall not create the impression that the insurer, its financial condition or status, the payment of its claims or the merits, desirability, or advisability of its policy forms or kinds of plans of insurance are recommended or endorsed by any governmental entity. However, where a governmental entity has recommended or endorsed a policy form or plan, that fact may be stated if the entity authorizes its recommendation or endorsement to be used in an advertisement.

Author: Commissioner of Insurance

Ala. Admin. Code r. 482-1-132-.08

New Rule: Filed May 25, 2004; effective January 1, 2005. Filed with LRS June 3, 2004. Rule is not subject to the Alabama Administrative Procedure Act.

Statutory Authority:Code of Ala. 1975, §§ 27-2-17.