What civil penalties can an insurance agent in Georgia face for multiple violations?

In Georgia, insurance agents can face significant civil penalties for multiple violations of the insurance code, with the law stipulating that the total amount can reach up to $10,000. This penalty framework is designed to hold agents accountable for their actions and ensure compliance with regulatory standards.

When an agent commits multiple violations, each infraction contributes to the total penalty amount. Thus, the maximum civil penalty reflects not only the seriousness of each individual violation but also the cumulative impact of repeated offenses. This approach emphasizes the state’s commitment to consumer protection and the maintenance of ethical standards within the insurance industry.

While other options may suggest lower total penalties, the established limit for serious or repeated transgressions is stated clearly as up to $10,000, aligning with Georgia's regulatory practices regarding insurance agents. This is an important aspect for agents to understand, as it underscores the necessity of adhering to legal and ethical guidelines to avoid substantial financial repercussions.