TITLE 22. INSURANCE CODE

CHAPTER 1. GENERAL PROVISIONS

PART I. TITLE, DEFINITIONS, CLASSIFICATIONS, AND OTHER REGULATORY MATTERS

SUBPART B. COMPLIANCE WITH CODE REQUIRED; RULES AND REGULATIONS BY COMMISSIONER; QUALIFICATION REQUIRED

22:16       Failure to comply with written orders or directives; penalties

If any insurance company or rating organization fails to comply with a written directive or order issued by the commissioner of insurance pursuant to this Subpart within thirty days of the issuance thereof, the commissioner may levy and receive a fine of up to twenty-five thousand dollars.  If a hearing has been requested by the insurance company or rating organization, the penalty shall not be imposed until such time as the division of administrative law makes a finding and issues an order that the penalty is warranted in a proper hearing, held in the manner provided in Chapter 12 of this Title, R.S. 22:2191 et seq.

Renumbered from R.S. 22:1447 by Acts 2008, No. 415, § 1, eff. Jan. 1, 2009.  Added by Acts 1978, No. 524, § 1.  Amended by Acts 1987, No. 313, § 1;  Acts 1990, No. 647, § 1;  Acts 2009, No. 317, § 1;  Acts 2009, No. 503, § 1.