§ 2605. Penalty for violating workers' compensation law. The superintendent may impose a penalty not to exceed twenty-five hundred dollars upon any insurer required to be licensed under the provisions of this chapter, if, after notice to and a hearing of such insurer, he finds it has unreasonably failed to comply with the workers' compensation law.
Penalty for violating workers' compensation law
N.Y. Insurance Law § 2605, under Unfair Claim Settlement Practices; Other Misconduct; Discrimination.
N.Y. Insurance Law § 2605