N.M. Admin. Code § 13.10.4.17 - JURISDICTIONAL LICENSING AND STATUS OF INSURER
A. An advertisement which is intended to be
seen or heard beyond the limits of the jurisdiction in which the insurer is
licensed shall not imply licensing beyond those limits.
B. An advertisement shall not create the
impression directly or indirectly that the insurer, its financial condition or
status, or 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 any division or agency of this state or the United
States government.
C. An
advertisement shall not imply that approval, endorsement or accreditation of
policy forms or advertising has been granted by any division or agency of the
state or federal government. "Approval" of either policy forms or advertising
shall not be used by an insurer to imply or state that a governmental agency
has endorsed or recommended the insurer, its policies, advertising or its
financial condition.
D.
Advertisements must disclose that premium rates and forms have not been
approved by the superintendent, if that is the fact.
Notes
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