KRS 304.99-020: Civil penalties.

(1) For any violation of this code where the commissioner has the power to revoke or

suspend a license or certificate of authority, the commissioner may in lieu thereof or

in addition to such revocation or suspension impose a civil penalty against the

violator of not more than the following:

(a) In the case of an insurer, a fraternal benefit society, nonprofit hospital,

medical-surgical, dental, and health service corporation, or health

maintenance organization, ten thousand dollars ($10,000) per violation;

(b) In the case of an agent, surplus lines broker, rental vehicle agent, rental

vehicle agent managing employee, or reinsurance intermediary broker or

manager, one thousand dollars ($1,000) per violation; and

(c) In the case of an adjuster, administrator, lif e settlement broker, life settlement

provider, or consultant, two thousand dollars ($2,000) per violation.

(2) The civil penalties authorized under subsection (1) of this section may be recovered

in an action brought in the name of the Commonwealth of Kent ucky in any court of

appropriate jurisdiction.

(3) In any court action with respect to a civil penalty, the court may review the penalty

as to both liability and reasonableness of amount.