the penalty for violating insurance code unin...

the penalty for violating insurance code unintentionally with respect to unfair methods of competition or unfair or deceptive acts or practices is $5,000 per violation. what is the penalty for each intentional violation?\na $100,000\nb $2,000\nc $1,000\nd $40,000

Answer

# Brief Explanations: In insurance - related legal regulations, typically intentional violations have a much higher penalty. Among the options, $100,000 is a common higher - level penalty amount for intentional violations compared to the given unintentional violation penalty of $5,000. # Answer: A. $100,000