Ga. Comp. R. & Regs. 120-2-12-.11

Current through Rules and Regulations filed through June 17, 2024

Rule 120-2-12-.11 - Use of Statistics

1. Any advertisement relating to the dollar amounts of claims paid, the number of persons insured, or similar statistical information relating to any insurer or policy, must not contain irrelevant facts and must not be used unless it accurately reflects all of the relevant facts. Furthermore, such advertisements must not contain irrelevant facts; nor shall it imply that statistics used therein are derived from the policy advertised unless such is the fact. When statistics used in an advertisement are applicable to other policies or plans, it shall specifically be so stated.

2. An advertisement shall not represent or imply that claim settlements by the insurer are "liberal" or "generous," or use words of similar import; or that claim settlements are or will be beyond the actual terms of the contract.

3. An unusual amount paid for a unique claim for the policy advertised is misleading and shall not be used.

4. The source of any statistics used in an advertisement must be clearly, prominently and conspicuously identified in the advertisement.

Ga. Comp. R. & Regs. R. 120-2-12-.11

Ga. L. 1960, pp. 289 to 755.

Original Rule entitled "Large and Small Benefits to Be Given Equal Prominence" adopted. F. and eff. July 20, 1965.

Repealed: New Rule entitled "Use of Statistics" adopted. F. May 29, 1973; eff. June 18, 1973.

Submitted for Publishing: Mar. 7, 2007.