(a) A producer who violates this chapter may be subject to the suspension or revocation of any insurance license held by the producer or civil penalties of up to five thousand dollars ($5,000) per violation, or both. Suspension or revocation of an insurance license or certificate of authority and the imposition of civil penalties shall be pursuant to action brought before the commissioner. Suspension or revocation of any insurance licenses and the imposition of civil penalties shall be pursuant to action brought before the commissioner in accordance with this title.
(b) An insurer who, with such frequency as to indicate its general business practice in this state, is in violation of this chapter may be subject to the suspension or revocation of any certificate of authority held by insurer or civil penalties of up to five thousand dollars ($5,000) per violation, or both. Suspension or revocation of a certificate of authority and the imposition of civil penalties shall be pursuant to action brought before the commissioner in accordance with Section 27-3-21 and subject to the right of appeal in accordance with Section 27-2-32.
(c) The commissioner shall also notify the proper licensing authority of a practitioner for the appropriate disciplinary action including the revocation or suspension of any professional license when a practitioner is convicted of a violation of this chapter and whose services are compensated in whole or in part, directly or indirectly, by insurance proceeds.
Structure Code of Alabama
Chapter 12A - Insurance Fraud Investigation Unit and Crime Prevention Act.
Article 1 - Definitions and Crime of Insurance Fraud.
Section 27-12A-1 - Definitions.
Section 27-12A-1.1 - Legislative Intent.
Section 27-12A-2 - Insurance Fraud - Definition.
Section 27-12A-3 - Insurance Fraud in the First Degree.
Section 27-12A-4 - Insurance Fraud in the Second Degree.
Section 27-12A-5 - Transacting Insurance Without a License.
Section 27-12A-7 - Enforcement.
Section 27-12A-8 - Licensing Penalties for Insurance Fraud.
Section 27-12A-9 - Administrative Cease and Desist Authority.