§ 522B.17 — Cease and desist orders — penalties

Iowa § 522B.17

• Jurisdiction: Iowa
• Title XIII: COMMERCE
• Ch. 522B: LICENSING OF INSURANCE PRODUCERS

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1. An insurer or insurance producer who, after hearing, is found to have violated this
chapter may be ordered to cease and desist from engaging in the conduct resulting in the
violation and may be assessed a civil penalty pursuant to chapter 507B.
2. A person who, after hearing, is found to have violated this chapter by acting as an
agent of an insurer or otherwise selling, soliciting, or negotiating insurance in this state, or
offeringtothepublicadvice,counsel,orserviceswithregardtoinsurance,whoisnotproperly
licensed may be ordered to cease and desist from engaging in the conduct resulting in the
violation and may be assessed a civil penalty according to the provisions of chapter 507A.
3. If a person does not comply with an order issued pursuant to this section, the
commissioner may petition a court of competent jurisdiction to enforce the order. The court
shall not require the commissioner to post a bond in an action or proceeding under this
section. If the court finds, after notice and opportunity for hearing, that the person is not in
compliance with an order, the court may adjudge the person to be in civil contempt of the
order. The court may impose a civil penalty against the person for contempt in an amount
not less than three thousand dollars but not greater than ten thousand dollars for each
violation and may grant any other relief that the court determines is just and proper in the
circumstances.