Pub. L. 93-89, tit. I, sec. 109
Pub. L. 93-89, tit. I, sec. 109
Sec. 109. (a) The Commissioner shall— (1) notify the Association of the existence of an insolvent insurer not later than three days after he receives notice of the determination of the insolvency; and (2) upon request of the Board provide the Association with a statement of the net direct written premiums of each member insurer. (b) The Commissioner may— (1) require that the Association notify the insureds of the involvement insurer and any other interested parties of the determination of insolvency and of their rights under this title by mail at their last known address, where available, or by publication in a newspaper of general circulation, if sufficient information for notification by mail is not available; (2) suspend or revoke, after notice and hearing, the certificate of authority to transact insurance in the District of Columbia of any member insurer which fails to pay an assessment when due or fails to comply with the plan of operation, or levy a fine on any member insurer which fails to pay an assessment when due, except such fine shall not exceed 5 per centum of the unpaid assessment per month, except that no fine shall be less than $100 per month; and 87 Stat. 301 (3) revoke the designation of any servicing facility if he finds claims are being handled unsatisfactorily. (c) All final orders or decisions of the Commissioner made under this Act shall be subject to review in accordance with section 11 of the District of Columbia Administrative Procedures Act (D.C. Code, sec. 1–1510).