3 Alaska Admin. Code § 28.595

Current through September 25, 2024
Section 3 AAC 28.595 - Penalties

In addition to other penalties provided by the laws of this state, an insurer and an agent found to have violated a requirement of this state relating to the regulation of long-term care insurance or the marketing of long-term care insurance are subject to a fine of up to three times the amount of the commissions paid for each policy involved in the violation or up to $10,000, whichever is greater.

3 AAC 28.595

Eff. 3/27/2022, Register 241, April 2022

Authority:AS 21.06.090

AS 21.36.020

AS 21.06.025

AS 21.53.090