Maryland Insurance Section 27-408

Article - Insurance

§ 27-408.

      (a)      (1)      A person that violates § 27-407 of this subtitle, or another provision of this subtitle in which the claim or act that is the subject of the fraud has a value of $300 or more is guilty of a felony and on conviction, for each violation, is subject to:

                  (i)      liability for restoring to the victim the property taken or the value of the property taken; and

                  (ii)      1.      for a violation of any provision of § 27-403 of this subtitle, a fine, the maximum of which is the greater of three times the value of the claim or act that is the subject of the fraud and $10,000 and the minimum of which is $500, or imprisonment not exceeding 15 years or both; and

                        2.      for a violation of any provision of § 27-404, § 27-405, § 27-406, or § 27-407 of this subtitle, a fine not exceeding $10,000 or imprisonment not exceeding 15 years or both.

            (2)      A person that violates a provision of this subtitle in which the claim or act that is the subject of the fraud has a value of less than $300 is guilty of a misdemeanor and on conviction, for each violation, is subject to:

                  (i)      liability for restoring to the victim the property taken or the value of the property taken; and

                  (ii)      1.      for a violation of any provision of § 27-403 of this subtitle, a fine, the maximum of which is the greater of three times the value of the claim or act that is the subject of the fraud and $10,000 and the minimum of which is $500, or imprisonment not exceeding 18 months or both; and

                        2.      for a violation of any provision of § 27-404, § 27-405, § 27-406, or § 27-407 of this subtitle, a fine not exceeding $10,000 or imprisonment not exceeding 18 months or both.

      (b)      (1)      The penalties imposed under this section may be imposed separately from and consecutively to or concurrently with a sentence for another offense based on the act that constitutes a violation of this subtitle.

            (2)      Each act of solicitation under § 27-407 of this subtitle constitutes a separate violation for purposes of the penalties imposed under this section.

            (3)      Notwithstanding any other provision of law, a fine imposed under this section is mandatory and not subject to suspension.



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.