Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 31. Maryland Insurance Administration |
Subtitle 15. UNFAIR TRADE PRACTICES |
Chapter 31.15.02. Advertisements of all Insurance Contracts Which Include any Accident, Sickness, Hospital, Surgical or Medical Coverages |
Sec. 31.15.02.15. Approval or Endorsement by Third Parties
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A. An advertisement may not state or imply that a carrier or a policy has been approved or a carriers financial condition has been examined and found to be satisfactory by a governmental agency.
B. An advertisement may not state or imply that a carrier or a policy has been approved or endorsed by any individual, group of individuals, society, association, or other organization, unless that is the fact.