Minnesota Administrative Rules
Agency 120 - Commerce Department
Chapter 2790 - INSURANCE MARKETING STANDARDS
Part 2790.1100 - APPROVAL BY GOVERNMENT AGENCY

Universal Citation: MN Rules 2790.1100

Current through Register Vol. 48, No. 39, March 25, 2024

Subpart 1. Misleading advertisements.

An advertisement or representation, whether written or oral, must not state or imply, or otherwise create the impression directly or indirectly, that the insurer, its financial condition or status, the payment of its claims, its policy forms or the merits or desirability of its policy forms or kinds or plans of insurance are approved, endorsed, or accredited by any agency of this state or the federal government, unless that is the fact.

Subp. 2. Licensing as endorsement disclaimed.

In any advertisement or representation, whether written or oral, any reference to licensing must contain an appropriate disclaimer that the reference is not to be construed as an endorsement or implied endorsement of the insurer, agent, or agencies by the Department of Commerce or any other agency of this state.

Subp. 3. Reproduction of report of examination prohibited.

No advertisement or representation, whether written or oral, may reproduce any portion of a Department of Commerce report of examination.

Statutory Authority: MS c 60A; 72A

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