§ 48.30A.065. Insurance antifraud plan or summary report -- Failure to file or exercise good faith -- Penalty -- Failure to follow plan -- Civil penalty
An insurer that fails to file a timely antifraud plan or summary report or that fails to make a good faith attempt to file an antifraud plan that complies with RCW 48.30A.050 or a summary report that complies with RCW 48.30A.060, is subject to the penalty provisions of RCW 48.01.080, but no penalty may be imposed for the first filing made by an insurer under this chapter. An insurer that fails to follow the antifraud plan is subject to a civil penalty not to exceed ten thousand dollars for each violation, at the discretion of the commissioner after consideration of all relevant factors, including the willfulness of the violation.
[2005 c 223 § 22; 1995 c 285 § 13.]
Sections: Previous 48.30A.005 48.30A.010 48.30A.015 48.30A.020 48.30A.030 48.30A.035 48.30A.040 48.30A.045 48.30A.050 48.30A.055 48.30A.060 48.30A.065 48.30A.070 48.30A.900 NextLast modified: April 7, 2009