Section 2387 - Penalty for violations1.Civil penalties. A person or organization in violation of this chapter must be assessed by the superintendent a civil penalty not more than $1,000 for each violation, except that where a violation is willful, a civil penalty of not more than $10,000 must be assessed for each violation. These penalties may be in addition to any other penalty provided by law. [1991, c. 885, Pt. B, §12(NEW); 1991, c. 885, Pt. B, §13(AFF).]
2. Separate violation. For purposes of this section, an insurer using a rate for which that insurer has failed to file the rate, supplementary rate information or supporting information as required by this subchapter, has committed a separate violation for each day that failure continues. [1991, c. 885, Pt. B, §12(NEW); 1991, c. 885, Pt. B, §13(AFF).]
3. License. The license of an advisory organization, rating organization or insurer that fails to comply with an order of the superintendent may be suspended or revoked by the District Court. [1991, c. 885, Pt. B, §12(NEW); 1991, c. 885, Pt. B, §13(AFF); 1999, c. 547, Pt. B, §78(AMD); 1999, c. 547, Pt. B, §80(AFF).]
1991, c. 885, §B12 (NEW) . 1991, c. 885, §B13 (AFF) . 1999, c. 547, §B78 (AMD) . 1999, c. 547, §B80 (AFF) .