Sec. 38a-1019. Cease and desist orders. Violations. Penalties. License and certificate revocation.
Sec. 38a-1019. Cease and desist orders. Violations. Penalties. License and certificate revocation. (a) After notice and opportunity for a hearing, the commissioner
may issue an order requiring a person or group to cease and desist from engaging in an
act or practice found to be in violation of any provision of subsection (e) of section 31-288 or section 31-289b, 31-316, 31-345 or 38a-1000 to 38a-1023, inclusive, or of any
rules or regulations adopted pursuant to said sections.
(b) Upon a finding, after notice and opportunity for a hearing, that any person or
group has violated any cease and desist order, the commissioner may do either or both
of the following: (1) Impose a monetary penalty of not more than ten thousand dollars
for each and every act or violation of the order not to exceed an aggregate monetary
penalty of one hundred thousand dollars; or (2) revoke the group's certificate of approval
for the group or any insurance license held by the person.
(P.A. 96-267, S. 20.)