Penalties. Insurers that fail to file timely antifraud plans as required by sections 1811 (relating
Pennsylvania Consolidated Statutes
Section: 1815
Jurisdiction: PA
Bluebook Citation: 75 Pa. Cons. Stat. § 1815
§ 1815. Penalties. Insurers that fail to file timely antifraud plans as required by sections 1811 (relating
to filing of plans) and 1813 (relating to review by commissioner) are subject to the
penalty provisions of section 320 of the act of May 17, 1921 (P.L.682, No.284), known
as The Insurance Company Law of 1921. Insurers that do not make a good faith attempt
to file an antifraud plan which complies with section 1812 (relating to content of
plans) shall also be subject to the penalty provisions of section 320 of The Insurance
Company Law of 1921, provided that no penalty may be imposed for the first filing
made by an insurer under this subchapter. Insurers that fail to follow the antifraud
plan shall be subject to a civil penalty for each violation, not to exceed $10,000,
at the discretion of the commissioner after consideration of all relevant factors,
including the willfulness of any violation.
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