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Nebraska Revised Statutes Chapter 44. Insurance § 44-7214. Violation of cease and desist order; penalty

Current as of January 01, 2024 | Updated by Findlaw Staff

Any health carrier who violates a cease and desist order of the director under section 44-7213 may after notice and hearing and upon order of the director be subject to:

(1) A monetary penalty of not more than thirty thousand dollars for each violation, not to exceed an aggregate penalty of one hundred fifty thousand dollars; and

(2) Suspension or revocation of the health carrier's certificate of authority.

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Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 44. Insurance § 44-7214. Violation of cease and desist order; penalty - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-44-insurance/ne-rev-st-sect-44-7214/

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