Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
How does section 33-6-9 measure the monetary penalty where conduct is repeated?
Answer and explanation
Answer: B. Section 33-6-9(1) allows a monetary penalty of not more than $10,000.00 for each and every act or violation. The measure is per act rather than a single sum, and it is tied neither to premium nor to the number of consumers.Source: O.C.G.A. § 33-6-9 — 33-6-9, Each act or violation
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