Rule 120-2-12-.18. Statements about an Insurer

An advertisement shall not contain statements which are untrue in fact, or by implication misleading, with respect to the assets, corporate structure, financial standing, age, or relative position of the insurer in the insurance business. An advertisement shall not contain a recommendation by any commercial rating system unless it clearly indicates the purpose of the recommendation and the limitations of the scope and extent of the recommendation.

Submitted for Publishing: Mar. 7, 2007.

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

History. Original Rule entitled "Statements Relative to Hospital Room and Board and Surgical Benefits" adopted. F. and eff. July 20, 1965.

Repealed: New Rule entitled "Statements About an Insurer" adopted. F. May 29, 1973; eff. June 18, 1973.