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Violation of cease and desist order; penalties authorized.

Neb. Rev. Stat. § 44-1543
in effect
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44-1543. Violation of cease and desist order; penalties authorized. Any insurer who violates a cease and desist order of the director under section 44-1542 may after notice and hearing and upon order of the director be subject to: (1) A monetary penalty of not more than thirty thousand dollars for each violation, not to exceed an aggregate penalty of one hundred fifty thousand dollars; and (2) Suspension or revocation of the insurer's license or certificate of authority. Laws 1991, LB 234, § 25.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=44-1543Fetched: 10/20/2026

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