31.09.12.09

.09 Compliance and Penalties.

A. An insurer is responsible for compliance with this chapter.

B. If a violation of this chapter occurs, because of either the action or the inaction of the insurer or its insurance producer, the Commissioner may order:

(1) An insurer to take reasonably appropriate corrective action for any consumer harmed by the insurer's, or by its insurance producer's, violation of this chapter;

(2) A general agency, independent agency, or an insurance producer to take reasonably appropriate corrective action for any consumer harmed by the insurance producer's violation of this chapter; and

(3) Appropriate penalties and sanctions.

C. Penalties.

(1) An insurance producer who violates this chapter is subject to a penalty or other appropriate sanction under Insurance Article, §10-126, Annotated Code of Maryland.

(2) An insurer that violates this chapter is subject to a penalty or other appropriate sanction under Insurance Article, §4-113, Annotated Code of Maryland.