2016 Maryland Code
Insurance
Title 28 - Holocaust Victims Insurance Act
§ 28-107. Penalties

MD Ins Code § 28-107 (2016) What's This?

(a) Civil penalty. -- In addition to any other penalty authorized by this title, any insurer or person that violates this title is subject to a civil penalty of up to $ 100,000 for each day the violation continues.

(b) Fines for willful misconduct. -- If the Commissioner finds that a violation of this title is willful, the insurer shall be fined an amount that the Commissioner considers appropriate based on the degree of willful misconduct and the nature of the violation.

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