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Current as of January 01, 2022 | Updated by FindLaw Staff
(a) Fines and penalties levied pursuant to this chapter or other provisions of the general laws shall be consistent, reasonable, and justified.
(b) The commissioner shall take into consideration actions taken by insurers that maintain membership in best-practice organizations that exist to promote high ethical standards of conduct in the marketplace, and insurers that self-assess, self-report, and remediate problems detected to mitigate fines levied pursuant to this chapter.
Cite this article: FindLaw.com - Rhode Island General Laws Title 27. Insurance § 27-71-11. Fines and penalties - last updated January 01, 2022 | https://codes.findlaw.com/ri/title-27-insurance/ri-gen-laws-sect-27-71-11/
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