used in advertisements must be genuine, represent the current opinion of the
author, be applicable to the policy advertised and be accurately reproduced.
The insurer, in using a testimonial, makes as its own all of the statements
contained therein, and the advertisement including such statements is subject
to all of the provisions of this Regulation.
B. 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 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.
C. The identity of the
insurer shall be made clear in all of its advertisements. An advertisement
shall not use a trade name, service mark, slogan, symbol or other device which
has the capacity and tendency to mislead or deceive as to the true identity of
D. An advertisement of
a particular policy shall not state or imply that prospective policyholders
become group or quasi-group members and, as such, enjoy special rates or
underwriting privileges, unless such is the fact.
E. An advertisement shall not state or imply
that an insurer or a policy has been approved or an insurer's financial
condition has been examined and found to be satisfactory by a governmental
agency, unless such is the fact.
An advertisement shall not state or imply that an insurer or a policy has been
approved or endorsed by an individual, group of individuals, society,
association or other organization, unless such is the fact.