Idaho Admin. Code r. 18.04.11.037

Current through September 2, 2024
Section 18.04.11.037 - PENALTIES

In addition to any other penalties provided by the laws of this state any insurer and any producer found to have violated any requirement of this state relating to the marketing of such insurance or of IDAPA 18.04.11, "Long-Term Care Insurance Minimum Standards," is subject to an administrative penalty of up to three (3) times the amount of any commissions paid for each policy involved in the violation or up to ten thousand dollars ($10,000), whichever is greater.

Idaho Admin. Code r. 18.04.11.037

Effective March 31, 2022