D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 26. INSURANCE, SECURITIES, AND BANKING |
SubTilte 26-A. INSURANCE |
Chapter 26-A26. LONG TERM CARE INSURANCE |
Section 26-A2627. PENALTIES
Latest version.
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2627.1In addition to any other penalties provided by the laws of the District of Columbia any insurer and any agent found to have violated any requirement of the District of Columbia relating to the regulation of long-term care insurance or the marketing of such insurance shall be subject to a fine of up to three (3) times the amount of any commissions paid for each policy involved in the violation or up to $10,000, whichever is greater.
source
Final Rulemaking published at 52 DCR 10902 (December 16, 2005).