(a) The Commissioner may deny a license to an applicant or suspend, revoke, or refuse to renew a license if the applicant or licensee:
(1) Violates the provisions of this chapter or any standard of conduct prescribed by the Commissioner in regulations;
(2) Makes a material misstatement in the application for the license;
(3) Engages in fraudulent or dishonest practices; or
(4) Demonstrates incompetency or untrustworthiness to act as a public insurance adjuster.
(b) Upon a finding by the Commissioner of a violation of subsection (a)(1) or (3) of this section, the Commissioner may impose a civil penalty not to exceed $1,000 for each violation.
(c) This chapter shall not be applied or interpreted to bar a borrower from bringing an action pursuant to any District or federal law for damages, injunctive relief, or any other relief.
(Mar. 27, 2003, D.C. Law 14-256, § 7, 50 DCR 238.)
This section is referenced in § 28-3811.
Structure District of Columbia Code
Title 31 - Insurance and Securities
Chapter 16A - Public Insurance Adjuster Licensure
§ 31–1631.03. License requirement
§ 31–1631.05. Bond requirement
§ 31–1631.06. Maintenance of records
§ 31–1631.07. License denial, suspension, revocation, and refusal to renew; civil penalties
§ 31–1631.08. Contracts and solicitation of contracts
§ 31–1631.09. Adjustments to comply with insurance contract and law