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§ 3408. Penalties

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. Insurance

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 40 P.S. Insurance (Refs & Annos)
Chapter 14. Notice Requirements of Property and Casualty Insurers (Refs & Annos)
40 P.S. § 3408
§ 3408. Penalties
Currentness
Upon satisfactory evidence of a violation of this act by an insurer subject to its terms, the Insurance Commissioner may pursue one or more of the following causes of action:
(1) Order that the insurer cease and desist from the violation.
(2) Impose a fine of not more than $5,000 for each violation.

Credits

1986, July 3, P.L. 396, No. 86, § 8, imd. effective.
40 P.S. § 3408, PA ST 40 P.S. § 3408
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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