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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) For each and every act in violation of Code Section 33-20E-24, the Commissioner may impose a monetary penalty of up to $2,000.00, unless the insurer knew or reasonably should have known of the violation, in which case the monetary penalty imposed may be up to $5,000.00 for each and every act in violation.
(b) The Commissioner may take any action authorized, including, but not limited to, issuing an administrative order imposing monetary penalties, imposing a compliance plan, ordering the insurer to develop a compliance plan, or ordering the insurer to reprocess claims.
Cite this article: FindLaw.com - Georgia Code Title 33. Insurance § 33-20E-26 - last updated March 28, 2024 | https://codes.findlaw.com/ga/title-33-insurance/ga-code-sect-33-20e-26/
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