Current through 2024 First Special Session
Section 33-6B-6 - SanctionsIf the commissioner determines in a final order that:
(a) An insurer has violated section three or four of this article, he may require the insurer to: (1) Accept the application or written request for insurance coverage at a rate and on the same terms and conditions as are available to its other risks with similar characteristics; or(2) Reinstate insurance coverage to the end of the policy period; or(3) Continue insurance coverage at a rate and on the same terms and conditions as are available to its other risks with similar characteristics.(b) Any person has violated any provision of this article, he may:(1) Issue a cease and desist order to restrain the person from engaging in practices which violate this article;(2) Assess a penalty against the person of up to five thousand dollars for each willful and knowing violation of this article.