Texas Statutes and Rules Common to Life and Health Insurance
Which statement best describes the difference between a cease-and-desist order and an administrative penalty?
Answer and explanation
Answer: A. Cease-and-desist relief is directed at stopping unlawful conduct, while penalty provisions impose sanctions when violations are established.Source: Texas Insurance Code Chapters 82 and 83 — TIC Chapter 83 cease-and-desist orders and Chapter 82 penalties
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