1. An insurer or insurance producer who, after hearing, is found to have violated
this chapter may be ordered to cease and desist from engaging in the conduct resulting
in the violation and may be assessed a civil penalty pursuant to chapter 507B.
2. A person who, after hearing, is found to have violated this chapter by acting as
an agent of an insurer or otherwise selling, soliciting, or negotiating insurance
in this state, or offering to the public advice, counsel, or services with regard
to insurance, who is not properly licensed may be ordered to cease and desist from
engaging in the conduct resulting in the violation and may be assessed a civil penalty
according to the provisions of chapter 507A.
3. If a person does not comply with an order issued pursuant to this section, the
commissioner may petition a court of competent jurisdiction to enforce the order. The court shall not require the commissioner to post a bond in an action or proceeding
under this section. If the court finds, after notice and opportunity for hearing, that the person is
not in compliance with an order, the court may adjudge the person to be in civil contempt
of the order. The court may impose a civil penalty against the person for contempt in an amount
not less than three thousand dollars but not greater than ten thousand dollars for
each violation and may grant any other relief that the court determines is just and
proper in the circumstances.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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