77011438.2-218Virginia Decodedhttps://vacode.org2016InsuranceProvisions Of A General NaturePenalties and restitution paymentsCode 1950, § 38-24; 1952, c. 317, § 38.1-40; 1986, c. 562; 2010, c. 226. . . . Food Lion, Incorporated v. S. L. Nusbaum Insurance Agency, . . . 99-1058202 F.3d 2232000-01-12https://www.courtlistener.com/opinion/767473/food-lion-incorporated-v-s-l-nusbaum-insurance-agency-incorporated-r/Court of Appeals for the Fourth Circuit . . . Bettius & Sanderson, P.C. v. National Union Fire Insurance . . . 87-3036839 F.2d 10091988-04-26https://www.courtlistener.com/opinion/501825/bettius-sanderson-pc-v-national-union-fire-insurance-company-of/ . . . this opinion. See Va.Code Secs. 38.2-510(6); 38.2-218; and 38.2-209 . . . Court of Appeals for the Fourth CircuitAmbrose v. Blue Cross & Blue Shield of VirginiaCiv. A. No. 3:94cv636891 F. Supp. 11531995-06-27https://www.courtlistener.com/opinion/1667104/ambrose-v-blue-cross-blue-shield-of-virginia/ . . . All of those violations are punishable under § 38.2-218 ($5,000 per knowing violation; $1,000 per . . . District Court, E.D. VirginiaRyder Truck Rental, Inc. v. UTF Carriers, Inc.Civ. A. No. 89-0038-C790 F. Supp. 6371992-02-19https://www.courtlistener.com/opinion/1879312/ryder-truck-rental-inc-v-utf-carriers-inc/ . . . of the Unfair Insurance Practices Act, id. §§ 38.2-218, -510. . . . District Court, W.D. VirginiaFood Lion Inc v. S. L. Nusbaum99-10582000-01-12https://www.courtlistener.com/opinion/2967129/food-lion-inc-v-s-l-nusbaum/ . . . ing, or effecting, or (ii) punished in §§ 38.2-218 and 38.2- . . . Court of Appeals for the Fourth CircuitBreault v. Berkshire Life Ins. Co.Civ. No. 92-1512-A821 F. Supp. 4101993-04-30https://www.courtlistener.com/opinion/1510146/breault-v-berkshire-life-ins-co/ . . . for violating § 38.2-3502 are set forth in §§ 38.2-218 and 38.2-219. Thus, while Berkshire may . . . District Court, E.D. VirginiaEstate of Spinner v. Anthem Health Plans of Va.Civil No. 6:07CV00050589 F. Supp. 2d 7382008-12-18https://www.courtlistener.com/opinion/2565729/estate-of-spinner-v-anthem-health-plans-of-va/ . . . and revoke insurance licenses. See Va.Code §§ 38.2-218-38.2-220. The Commission may also impose, . . . District Court, W.D. Virginiahttp://law.lis.virginia.gov/vacode/38.2-218//38.2-218/38.2/2/38.2-21838.2-1317.138.2-133238.2-135638.2-136338.2-180238.2-182338.2-183138.2-183238.2-183538.2-184338.2-184438.2-1845.1038.2-1845.1138.2-1845.738.2-1857.738.2-1857.838.2-1865.238.2-1865.338.2-1916.138.2-1916.238.2-250538.2-310338.2-3319.238.2-340338.2-3407.338.2-345938.2-3523.138.2-356438.2-413438.2-421438.2-430738.2-431938.2-440838.2-450938.2-481438.2-493238.2-704Any person who knowingly or willfully violates any provision of this title or any regulation issued pursuant to this title shall be punished for each violation by a penalty of not more than $ 5,000.sectionAA1Any person who violates without knowledge or intent any provision of this title or any rule, regulation, or order issued pursuant to this title may be punished for each violation by a penalty of not more than $ 1,000. For the purpose of this subsection, a series of similar violations resulting from the same act shall be limited to a penalty in the aggregate of not more than $ 10,000.sectionBB1Any violation resulting solely from a malfunction of mechanical or electronic equipment shall not be subject to a penalty.sectionCC11. The Commission may require a person to make restitution in the amount of the direct actual financial loss:sectionDD1 For charging a rate in excess of that provided by statute or by the rates filed with the Commission by the insurer;sectionDaDa2 For charging a premium that is determined by the Commission to be unfairly discriminatory, such restitution being limited to a period of one year from the date of determination;sectionDbDb2 For failing to pay amounts explicitly required by the terms of the insurance contract where no aspect of the claim is disputed by the insurer; andsectionDcDc2 For improperly withholding, misappropriating, or converting any money or property received in the course of doing business.
sectionDdDd2 The Commission shall have no jurisdiction to adjudicate controversies growing out of this subsection regarding restitution among insurers, insureds, agents, claimants and beneficiaries.sectionDd2Dd23The provisions provided under this section may be imposed in addition to or without imposing any other penalties or actions provided by law.sectionEE1