Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE50. INSURANCE |
PART2002. ADVERTISING OF ACCIDENT AND SICKNESS INSURANCE |
§2002.170. Statements About an Insurer
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An advertisement shall not contain statements which are untrue in fact, or by implication misleading, with respect to the assets, corporate structure, financial standing, 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 indicates the purpose of the recommendations and the limitations of the scope and extent of the recommendation. The Guideline for this Section is found in Appendix A, Illustration NN.