“If the current limit is $10,000, but the OIC can issue a consent order that includes a $40,000 fine plus restitution, it is chilling to consider the penalty in a consent order when the OIC is authorized to issue up to $10,000 per violation,” the trade groups stated in a letter to lawmakers.
Washington senate committees approve bill proposing restitution payments for insurance violations
Uncategorized February 23, 2025
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