New Jersey Statutes Title 17B. Insurance 17B § 27F-10

a. a warning notice;

b. an opportunity to cure the violation within 14 days following the issuance of the notice;

c. a hearing before the commissioner within 70 days following the issuance of the notice; and

d. if the violation has not been cured pursuant to subsection b. of this section, a penalty of not less than $5,000 or more than $10,000 for each violation.