Ill. Admin. Code tit. 50, § 2002.100 - Use of Statistics
a) An
advertisement relating to the dollar amounts of claims paid, the number of
persons insured, or similar statistical information relating to any insurer or
policy shall not use irrelevant facts, and shall not be used unless it
accurately reflects all of the relevant facts. Such an advertisement shall not
imply that such statistics are derived from the policy advertised unless such
is the fact, and when applicable to other policies or plans shall specifically
so state. The Guideline for this paragraph (a) is found in Appendix A,
Illustration Z.
b) An advertisement
shall not represent or imply that claim settlements by the insurer are
"liberal" or "generous," or use words of similar import, or that claim
settlements are or will be beyond the actual terms of the contract. An unusual
amount paid for a unique claim for the policy advertised is misleading and
shall not be used. The Guideline for this paragraph (b) is found in Appendix A,
Illustration AA.
c) The source of
any statistics used in an advertisement shall be identified in such
advertisement. The Guideline for this paragraph (c) is found in Appendix A,
Illustration BB.
Notes
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