Maine § 24-A §752 Penalties and liabilities

Maine Statutes

§ 24-A §752 — Penalties and liabilities

Maine·Title 24-A MAINE INSURANCE CODE·Ch. 9 KINDS OF INSURANCE; LIMITS OF RISK; REINSURANCE

1.Violation. A reinsurance intermediary, insurer or reinsurer found by the superintendent, after a hearing conducted in accordance with the Maine Administrative Procedure Act, to be in violation of any provision of this Title, is subject to the following.

2.Final agency action. The decision, determination or order of the superintendent pursuant to this section is a final agency action and may be appealed pursuant to section 236.

3.Nonexclusivity of penalties. Nothing contained in this section affects the right of the superintendent to impose any other penalties provided in this Title.

4.Rights of others. Nothing contained in this subchapter limits or restricts the rights of policyholders, claimants, creditors or other 3rd parties or confers any rights to those persons.

Free access — add to your briefcase to read the full text and ask questions with AI

1.
Violation.
A reinsurance intermediary, insurer or reinsurer found by the superintendent, after a hearing conducted in accordance with the Maine Administrative Procedure Act, to be in violation of any provision of this Title, is subject to the following.
2.
Final agency action.
The decision, determination or order of the superintendent pursuant to this section is a final agency action and may be appealed pursuant to section 236.
3.
Nonexclusivity of penalties.
Nothing contained in this section affects the right of the superintendent to impose any other penalties provided in this Title.
4.
Rights of others.
Nothing contained in this subchapter limits or restricts the rights of policyholders, claimants, creditors or other 3rd parties or confers any rights to those persons.

Maine § 24-A §752 (Penalties and liabilities) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.