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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) Summary offense.--Any person, agent or insurer who willfully violates any provision of this act shall, upon conviction thereof, at a summary proceeding, be sentenced to pay a fine not exceeding $500, plus costs. Conviction under this subsection shall not bar administrative action by the Insurance Commissioner under this section.
(b) Administrative action.--Upon satisfactory evidence of a violation of this act by any person, agent or insurer, the Insurance Commissioner may, in his discretion, pursue any one or more of the following courses of action:
(1) Suspend or revoke the license of such offending person, agent or insurer.
(2) Refuse, for a period not to exceed one year thereafter, to issue a new license to or to renew a license of, such person, agent or insurer.
(3) Impose a civil penalty of not more than $500 for each and every act in violation of this act.
(c) Review and appeal.--Any adjudication of the Insurance Commissioner under subsection (b) shall be subject to review and appeal in accordance with the “Administrative Agency Law.” 1
Cite this article: FindLaw.com - Pennsylvania Statutes Title 40 P.S. Insurance § 245. Penalties - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-40-ps-insurance/pa-st-sect-40-245/
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 before relying on it for your legal needs.
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