Section R590-230-6 - Compliance Mitigation, Penalties, and Enforcement(1) An insurer is responsible for compliance with this rule. If a violation occurs, either because of the action or inaction of the insurer or its producer, the commissioner may order: (a) an insurer to take reasonably appropriate corrective action for any consumer harmed by a failure to comply with this rule by the insurer, an entity contracted to perform the insurer's supervisory duties, or by the producer;(b) a general agency, independent agency, or a producer to take reasonably appropriate corrective action for any consumer harmed by the producer's violation of this rule; and(c) appropriate penalties and sanctions.(2) Any applicable penalty under Section 31A-2-308 for a violation of this rule may be reduced or eliminated if corrective action for the consumer is taken promptly after a violation is discovered or the violation is not part of a pattern or practice.Utah Admin. Code R590-230-6
Amended by Utah State Bulletin Number 2023-24, effective 12/8/2023