[§431:2D-110] Fines and penalties. (a) Fines and penalties levied pursuant to this article or other provisions of this chapter shall be consistent, reasonable, and justified.
(b) The commissioner shall take into consideration actions taken by insurers that maintain membership in best-practice organizations that exist to promote high ethical standards of conduct in the marketplace, and insurers that self-assess, self-report, and remediate problems detected to mitigate fines levied pursuant to this article. [L 2007, c 227, pt of §1]
Section: Previous 431-2d-103 431-2d-104 431-2d-105 431-2d-106 431-2d-107 431-2d-108 431-2d-109 431-2d-110 431-2d-111 431-2d-112 431-2d-113 431-2d-114 431-3-101 431-3-102 431-3-103 NextLast modified: October 27, 2016