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Current as of January 01, 2025 | Updated by Findlaw Staff
Upon the determination, after notice and hearing, that this chapter has been violated, the commissioner may impose the following penalties:
(1) Suspension or revocation of the licensee's license, authorization to operate or registration.
(2) Refusal to issue or renew a license, authorization to operate or registration.
(3) A cease and desist order.
(4) For each violation of this chapter that a licensee knew or reasonably should have known was a violation, a penalty of not more than $5,000, not to exceed an aggregate penalty of $100,000 in a single calendar year.
(5) For each violation of this chapter that a licensee did not know nor reasonably should have known was a violation, a penalty of not more than $1,000, not to exceed an aggregate penalty of $20,000 in a single calendar year.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 40 Pa.C.S.A. Insurance § 4522. Penalties - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-40-pacsa-insurance/pa-csa-sect-40-4522/
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