Section 0780-01-33-.13 - PENALTYAny insurer failing to comply with the requirements of this regulation shall be subject to the following penalty:
(a) Upon the Commissioner's order, shall file for approval, prior to its use, any advertisement used in connection with the solicitation of a contract of insurance in the State of Tennessee. For the purpose of this section, "prior to its use" shall mean the filing of such advertising material at least thirty days prior to its use. Unless disapproved by the Commissioner prior to the expiration of the thirty day period the advertisement shall be deemed to be approved. The Commissioner may, in his discretion, upon proof satisfactory to him that the failure to comply has been corrected, rescind such orderTenn. Comp. R. & Regs. 0780-01-33-.13
Original rule filed April 19, 1976; effective May 19, 1976.Authority: T.C.A. §§.56-2-301.