Penalties

Act 284 of 1921, § 1114, under "INSURANCE COMPANY LAW OF 1921, THE".

Act 284 of 1921, § 1114

Section 1114. Penalties.--In addition to any other penalties provided by the laws of this Commonwealth, an insurer or producer found to have violated requirements relating to the regulations of long-term care insurance or the marketing of such insurance shall be subject to a civil penalty of up to three times the amount of any commissions paid for each policy involved in the violation or ten thousand dollars ($10,000), whichever is greater.

(1114 amended July 17, 2007, P.L.134, No.40)