What is the civil fine for violating a cease and desist order in Washington?

Prepare for the Washington Property and Casualty Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The civil fine for violating a cease and desist order in Washington is indeed set at $250. This fine demonstrates the state's enforcement mechanism for compliance with regulations and helps ensure that individuals and entities adhere to lawful practices within the property and casualty insurance sector. The amount is significant enough to encourage compliance but not so steep as to be punitive in nature for minor infractions. This system of fines serves as a deterrent against violations and maintains the integrity of the insurance market. Other options present higher penalties that do not align with current Washington legislation regarding cease and desist orders.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy