58-33-63. Reinstatement and money penalty for violation.
98 words·~1 min read·
/sd/title-58/chapter-58-33/58-33-63A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the director of the Division of Insurance determines in a final order that the insurer has violated any provision of §§ 58-33-59 to 58-33-65 , inclusive, the director shall require the insurer to reinstate insurance coverage to the end of the policy period. The director may also assess a money penalty against an insurer for each violation of any provision of §§ 58-33-59 to 58-33-65 , inclusive, in an amount set forth in § 58-4-28.1 and may order the insurer to refrain from engaging in practices that violate the provisions of §§ 58-33-59 to 58-33-65 , inclusive.