California Insurance Code & EthicsQuestion 78 of 315
The maximum administrative penalty per act under §790.035 for a willful unfair or deceptive practice may be up to:
a.$5,000 per act
b.$10,000 per act
c.$25,000 per act
d.$1,000 per act
Explanation
§790.035 authorizes the Commissioner to assess civil penalties of up to $5,000 per non-willful act and up to $10,000 per willful act of an unfair or deceptive practice.
Law Reference: Cal. Ins. Code §790.035Practice all 315 questions free — no signup required.
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Reviewed by John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verify)