That is a true statement. But you don’t get much more than a 60 minute boil.
For a 1.060 wort,Tinseth from Norm Pyle's Hops FAQ
Min Utilization
60 .211
90 .226
120 .230
Around 90 minutes you start to break down more of the vegatative matter, and the Iso-AA can start to degrade into something that does not add to the bitterness.