69O-157.122. Penalties

Effective on Monday, January 13, 2003

1In addition to any other penalties provided by the laws of this state, any insurer and any agent found to have violated any requirement of this state relating to the regulation of long-term care insurance or the marketing of such insurance shall be subject to a fine of up to 3 times the amount of any commissions paid for each policy involved in the violation or up to $10,000, whichever is greater, however, such penalty shall not exceed the amounts specified in Section 85624.4211 86or 87626.9521(2), F.S.

89Specific Authority 91624.308(1), 92626.9611, 93627.9407(1), 94627.9408 FS. 96Law Implemented 98624.307(1), 99626.9521, 100627.9402 FS. 102History–New 1-13-03, Formerly 4-157.122.

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