Fla. Admin. Code R. 69B-157.122
Current through Reg. 50, No. 222; November 13, 2024
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 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 sections 624.4211 or 626.9521(2), F.S.
Fla. Admin. Code Ann. R. 69B-157.122
Rulemaking Authority 624.308(1), 626.9611, 627.9407(1), 627.9408 FS. Law Implemented 624.307(1), 626.9521, 627.9402 FS.
New 1-13-03, Formerly 4-157.122.