Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-132 - ADVERTISEMENTS OF LIFE INSURANCE AND ANNUITIES REGULATION
Section 482-1-132-.09 - Statements About The Insurer

An advertisement shall not contain statements, pictures or illustrations that are false or misleading, in fact or by implication, with respect to the assets, liabilities, insurance in force, corporate structure, financial condition, 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 defines the scope and extent of the recommendation including, but not limited to, the placement of insurer's rating in the hierarchy of the rating system cited.

Author: Commissioner of Insurance

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