New York Laws
Article 42 - Life Insurance Companies and Accident and Health Insurance Companies and Legal Services Insurance Companies
4241 - Penalty for Violation of Filing Requirements.

(b) If the superintendent finds after notice and hearing, that any
authorized insurer, representative of such insurer, licensed insurance
agent or licensed insurance broker has wilfully violated the provisions
of subsection (d) hereof or this article relating to such filings, he
may, in lieu of any other penalty provided by law, order such insurer,
or person to pay to the people of this state a penalty not exceeding one
thousand dollars for each such offense.
(c) Failure of any such insurer or person to pay such penalty within
thirty days after the making of such order, unless suspended by an order
of a court of competent jurisdiction, shall constitute a violation of
this chapter.
(d) In this section, the issuance, procurement or negotiation of each
policy of insurance, by such insurer or person in wilful violation of
the provisions of this subsection or this article shall be deemed a
separate offense.

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