West Virginia Code 33-11-8 – Penalty for violation of cease and desist orders
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If, after notice and hearing, the commissioner determines that any person has violated a cease and desist order issued by the commissioner and which such order is still in effect, the commissioner may at his discretion order any one or more of the following:
Terms Used In West Virginia Code 33-11-8
- Commissioner: means the Insurance Commissioner of West Virginia. See West Virginia Code 33-11-2
- Person: includes any individual, company, insurer, association, organization, society, reciprocal, business trust, corporation, or any other legal entity, including agents and brokers. See West Virginia Code 33-11-2
- State: when applied to a part of the United States and not restricted by the context, includes the District of Columbia and the several territories, and the words "United States" also include the said district and territories. See West Virginia Code 2-2-10
(a) Require the payment to the State of West Virginia of a penalty in a sum not exceeding $10,000 for each and every act or violation.
(b) Revoke or suspend the license of such person.