760 IAC 2-19-1
760 IAC 2-19-1 Civil penalties
Cite as Ind. Admin. Code tit. 760, r. 2-19-1
Sec. 1. In addition to any other penalties provided by the laws or rules of this state, the commissioner may impose a civil penalty against
an insurer which has violated the laws or rules. A penalty imposed under this section shall be the greater of:
(1) three (3) times the amount of the commissions paid for each policy involved in the violation; or
(2) ten thousand dollars ($10,000).