In addition to any other penalties provided by the laws of this state, any insurer and any agent found to have violated any requirement of this state relating to the regulation of long-term care insurance or the marketing of such insurance shall be subject to a fine of up to three times the amount of any commissions paid for each policy involved in the violation or up to $10,000, whichever is greater.
Structure West Virginia Code
Article 15A. West Virginia Long-Term Care Insurance Act
§33-15A-2. Declaration of Policy and Purpose
§33-15A-5. Extraterritorial Jurisdiction - Group Long-Term Care Insurance
§33-15A-6. Disclosure and Performance Standards for Long-Term Care Insurance
§33-15A-8. Incontestability Period
§33-15A-9. Nonforfeiture Benefits