# COMAR Title 31 — Maryland Insurance Administration

## Subtitle 02 — Powers and Duties — Hearings

### Chapter 04 — Penalties

#### Regulation .02 Requirements.

*COMAR 31.02.04.02*

In determining the amount of the financial penalty to be imposed, the Commissioner shall consider the following:

A. The seriousness of the violation;

B. The good faith of the violator;

C. The violator's history of previous violations;

D. The deleterious effect of the violation on the public and the insurance industry; and

E. The assets of the violator.