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Form a Business

Sanctions.

D.C. Code § 31-337
in effect
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31-337. Sanctions. An insurer or insurance group failing, without just cause, to timely file a Corporate Governance Annual Disclosure as required in this chapter, after notice and hearing, may be fined up to $1,000 per day, with a maximum penalty of $25,000, or have its certificate of authority suspended, revoked, or denied renewal. (Sept. 22, 2021, D.C. Law 24-26, § 8, 68 DCR 007994.)
Source: Council of the District of Columbia (code.dccouncil.gov)URL: https://code.dccouncil.gov/us/dc/council/code/sections/31-337Fetched: 10/21/2026

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