Louisiana Administrative Code
Title 37 - INSURANCE
Part XIII - Regulations
Chapter 41 - Regulation 60-Advertising of Life Insurance
Section XIII-4115 - Statements about the Insurer
Universal Citation: LA Admin Code XIII-4115
Current through Register Vol. 50, No. 3, March 20, 2024
A. An advertisement shall not contain statements, pictures or illustrations which 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, placement of insurer's rating in the hierarchy of the rating system cited.
AUTHORITY NOTE: Promulgated in accordance with R.S. 22:3.
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