24-A §5014. Additional penalties - Maine Statutes

Title 24-A: MAINE INSURANCE CODE

Chapter 67: MEDICARE SUPPLEMENT INSURANCE POLICIES

§5014. Additional penalties

1. Penalties. In addition to any other applicable penalties for violations of this Title or Title 24, the superintendent may order issuers violating any provision of this chapter or any rule adopted pursuant to this chapter to:

A. Comply with the provisions of this chapter; or [1995, c. 570, §9 (NEW).]

B. Cease marketing any Medicare supplement policy or certificate in this State that is directly or indirectly related to a violation. [1995, c. 570, §9 (NEW).]

[ 1995, c. 570, §9 (NEW) .]

2. Election of penalty options. The superintendent may exercise any of the penalty options provided by this section, in combination or in sequence, as the superintendent considers appropriate.

[ 1995, c. 570, §9 (NEW) .]

SECTION HISTORY

1995, c. 570, §9 (NEW).