West Virginia Statutes

§ 33-15A-11 — Penalties

West Virginia·Ch. 33  INSURANCE·Art. 15A WEST VIRGINIA LONG-TERM CARE INSURANCE ACT
In 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 three times the amount of any commissions paid for each policy involved in the violation or up to $10,000, whichever is greater.

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Legislative History

2004 Reg. Sess., SB450

Nearby Sections

15
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