Unfair Claims Settlement Practices — Penalty

TITLE 41 INSURANCE CHAPTER 13 TRADE PRACTICES AND FRAUDS 41-1329A. Unfair claims settlement practices — Penalty. The director, if he finds after a hearing, that an insurer has violated the provisions of section 41-1329 , Idaho Code, may, in his discretion, impose an administrative penalty not to exceed ten thousand dollars ($10,000) to be deposited by the director as provided in section 41-406 , Idaho Code, and may, in addition to the fine, or in the alternative to the fine, refuse to continue or suspend or revoke an insurer’s certificate of authority.