Kansas Statutes 40-2411. Same; penalties for violation of cease and desist orders; hearing
Any person who violates a cease and desist order of the commissioner issued under Kan. Stat. Ann. § 40-2407, and amendments thereto, may after notice and hearing in accordance with the provisions of the Kansas administrative procedure act and upon order of the commissioner be subject at the discretion of the commissioner to any one or more of the following:
(a) A monetary penalty of not more than $10,000 for each and every act or violation, but not to exceed an aggregate penalty of $50,000 in any six-month period; or
Terms Used In Kansas Statutes 40-2411
- Commissioner: means the commissioner of insurance of this state. See Kansas Statutes 40-2402
- Person: means any individual, corporation, association, partnership, reciprocal exchange, inter-insurer, Lloyd's insurer, fraternal benefit society and any other legal entity engaged in the business of insurance, including agents, brokers and adjusters. See Kansas Statutes 40-2402
(b) suspension or revocation of such person’s license;
(c) redress of the injury by requiring the refund of any premiums paid by, the payment of any moneys withheld from, any consumer and appropriate public notification of the violation.