Md. Code Regs. 31.14.01.28

Current through Register Vol. 51, No. 22, November 1, 2024
Section 31.14.01.28 - Penalties

In addition to any other penalties provided by the laws of this State, any insurer and any insurance producer found to have violated any requirement of this State relating to the regulation of long-term care insurance or the marketing of long-term care insurance shall be subject to a penalty of up to three times the amount of any commissions paid for each policy involved in the violation or up to $10,000, whichever is greater.

Md. Code Regs. 31.14.01.28