40 Pa. Stat. § 908-15

Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 908-15 - Penalties
(a) General rule.--Upon satisfactory evidence of a violation of this article by any insurer or other person, the commissioner may, in the commissioner's discretion, pursue any one of the following courses of action:
(1) Suspend, revoke or refuse to renew the license of the offending person.
(2) Enter a cease and desist order.
(3) Impose a civil penalty of not more than $5,000 for each action in violation of this article.
(4) Impose a civil penalty of not more than $10,000 for each action in willful violation of this article.
(b) Limitation.--Penalties imposed against a person under this article and under section 5 of the act of June 25, 1997 (P.L. 295, No. 29) , known as the Pennsylvania Health Care Insurance Portability Act, shall not exceed $500,000 in the aggregate during a single calendar year.

40 P.S. § 908-15

1921, May 17, P.L. 682, No. 284, art. VI-B, § 605-B, added 2010, March 22, P.L. 147, No. 14, § 2, imd. effective.