Each insurer who fails to comply with the terms of Sections 38-13-300 through 38-13-350 shall pay a civil penalty of a fine of twenty thousand dollars and thereafter a fine of one thousand dollars daily until the named sections of the article are complied with.
Penalty for failure to comply with provisions of article
S.C. Code Ann. § 38-13-360, under Title 38, Chapter 13.
S.C. Code Ann. § 38-13-360