What is the maximum fine for violating a regulatory examination written order?

The maximum fine for violating a regulatory examination written order is set at $20,000. This amount reflects the seriousness with which regulatory agencies treat non-compliance, particularly regarding examination orders, as these are fundamental to ensuring that entities adhere to laws designed to promote fair practices and protect consumers. Such significant penalties serve as a deterrent to prevent future violations and encourage compliance within the industry. Understanding this limit is crucial for those working in the property and casualty insurance sector, as it emphasizes the importance of adhering to regulatory standards.