Or. Admin. Code § 836-020-0255

Current through Register Vol. 63, No. 12, December 1, 2024

Section 836-020-0255 - Licensed Jurisdictions and Status of Insurer

(1) An advertisement which is intended to be seen or heard beyond the limits of the jurisdictions in which the insurer is licensed shall not imply licensing beyond those limits.

(2) An advertisement shall not create the impression directly or indirectly that the insurer, its financial condition or status, the payment of its claims, or the merits, desirability or advisability of its policy forms or kinds or plans of insurance are approved, endorsed or accredited by this state or the federal government or any agency or official of either.

(3) If an advertisement states either that the insurer or the policy being offered is approved or licensed by this state or its Insurance Commissioner, it must also qualify the statement with words: "This does not constitute a recommendation or endorsement of (this company) (this policy)" or equivalent words.

Or. Admin. Code § 836-020-0255

IC 53, f. 3-5-73, ef. 3-15-73

Stat. Auth.: ORS 731, ORS 743 & ORS 746

Stats. Implemented: ORS 742.009 & ORS 746.075