40 Pa. Stat. § 991.1114

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 991.1114 - Penalties

In addition to any other penalties provided by the laws of this Commonwealth, an insurer or producer found to have violated requirements relating to the regulations of long-term care insurance or the marketing of such insurance shall be subject to a civil penalty of up to three times the amount of any commissions paid for each policy involved in the violation or ten thousand dollars ($10,000), whichever is greater.

40 P.S. § 991.1114

1921, May 17, P.L. 682, No. 284, art. XI, § 1114, added 1992, Dec. 15, P.L. 1129, No. 148, § 3, effective in 60 days. Amended 2007, July 17, P.L. 134, No. 40, §4, effective in 60 days [ 9/17/2007].