Hawaii Insurance exam 2024 with 100% correct answers

The Insurance Commissioner must examine an insurer at least once every? - correct answer 5 years How many days in advance must a notice of a hearing on unfair trade practices be sent? - correct answer 15 days The fine PER violation for UNKNOWINGLY committing an unfair or deceptive act in the business of insurance is: - correct answer $1,000 The fine PER violation for KNOWINGLY committing an unfair or deceptive act in the business of insurance is: - correct answer $5,000 The MAX fine for UNKNOWINGLY committing an unfair or deceptive act in the business of insurance is: - correct answer $10,000 The MAX fine for KNOWNINGLY committing an unfair or deceptive act in the business of insurance is: - correct answer $50,000 What is the max fine when violating a cease and desist order? - correct answer $10,000 The MIN fine per violation of the Insurance Code is: - correct answer $100