If the insurance commissioner learns a person is transacting insurance without a license, what may the commissioner do?
Posted: Fri May 20, 2022 9:33 am
If the insurance commissioner learns a person is transacting
insurance without a license, what may the commissioner do?
A. issue a cease and desist order
B. fine the person $50,000 per offense
C. impose a jail sentence of up to 1 year
D. suspend the producer's driver's license
insurance without a license, what may the commissioner do?
A. issue a cease and desist order
B. fine the person $50,000 per offense
C. impose a jail sentence of up to 1 year
D. suspend the producer's driver's license