Maryland Statutes

§ 11-232

Maryland·Article gin Insurance·Title 11
(a)(1) If the Commissioner finds that a person has violated a provision of this subtitle, the Commissioner may impose a civil penalty not exceeding $250 for each violation.
(2)If the Commissioner finds a violation of this subtitle to be willful, the Commissioner may impose a civil penalty not exceeding $1,000 for the violation.
(3)A penalty imposed under this subsection is in addition to any other penalty provided by law.
(b)(1) The Commissioner may suspend the license of a rating organization or certificate of authority of an insurer that fails to comply with an order of the Commissioner within the time set by the order or any extension of that time granted by the Commissioner.
(2)The Commissioner may not suspend the license of a r

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Nearby Sections

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