Tennessee Code Title 56. Insurance § 56-26-123

(a) Any person, partnership or corporation willfully violating any provision of this chapter or order of the commissioner made in accordance with this chapter shall forfeit to this state a sum not to exceed one thousand dollars ($1,000) for each violation, which may be recovered by a civil action.

(b) The commissioner may also suspend or revoke the license of an insurer or agent for any willful violation.