2013 New York Consolidated Laws
ISC - Insurance
Article 42 - (4202 - 4241) LIFE INSURANCE COMPANIES AND ACCIDENT AND HEALTH INSURANCE COMPANIES AND LEGAL SERVICES INSURANCE COMPANIES
4241 - Penalty for violation of filing requirements.

 
    §  4241.  Penalty  for  violation  of  filing  requirements.  (a)  Any
  authorized insurer, representative of such insurer,  licensed  insurance
  agent  or  licensed  insurance  broker  wilfully  violating  any  of the
  provisions of this article or of articles thirty-one  or  thirty-two  of
  this  chapter  relating  to  filings  of  life,  accident and health and
  annuity contract forms, premium rates, rules, classification  of  risks,
  and  commissions, compensation or other fees or allowances to agents and
  brokers pertaining to the solicitation or sale of such insurance and  of
  fees  or  allowances  to  any  individuals,  firms  or  corporations for
  services pertaining to the  service  or  administration  of  such  group
  insurance and annuity contracts, shall, in addition to any other penalty
  provided  by  law, be liable for a penalty as provided in subsection (b)
  hereof.
    (b) If the superintendent finds after notice  and  hearing,  that  any
  authorized  insurer,  representative of such insurer, licensed insurance
  agent or licensed insurance broker has wilfully violated the  provisions
  of  subsection  (d)  hereof or this article relating to such filings, he
  may, in lieu of any other penalty provided by law, order  such  insurer,
  or person to pay to the people of this state a penalty not exceeding one
  thousand dollars for each such offense.
    (c)  Failure  of any such insurer or person to pay such penalty within
  thirty days after the making of such order, unless suspended by an order
  of a court of competent jurisdiction, shall constitute  a  violation  of
  this chapter.
    (d)  In this section, the issuance, procurement or negotiation of each
  policy of insurance, by such insurer or person in  wilful  violation  of
  the  provisions  of  this  subsection  or this article shall be deemed a
  separate offense.