§431:10D-624 Compliance mitigation; penalties; enforcement. (a) An insurer shall be responsible for compliance with this part. If a violation occurs because of the action or inaction of the insurer or its producer, the commissioner may order:
(b) Any penalty applicable to an insurer, a managing general agent, independent agencies, or a producer under article 13 of chapter 431 may be applicable to a violation of this part; provided that penalties may be reduced or eliminated if corrective action for the consumer was taken promptly after a violation was discovered or if the violation was not part of a pattern or practice.
(c) The authority to enforce compliance with this part is vested exclusively with the commissioner. [L 2007, c 257, pt of §2; am L 2011, c 108, §6; am L 2022, c 58, pt of §7]