{"data":{"id":"us-ma/mass.-gen.-laws-ch.-176v-8","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 176V, § 8","heading":"Failure to timely file ORSA summary report; penalty","body":"Section 8. Any insurer failing, without just cause, to timely file the ORSA summary report as required in this chapter shall be required, after notice and hearing, to pay a penalty of $500 for each day the report is delayed, to be recovered by the commissioner. The maximum penalty pursuant to this section shall be $10,000. The commissioner may reduce the penalty if the insurer demonstrates to the commissioner that the imposition of the penalty would constitute a financial hardship to the insurer.","path":["Part I","Title XXII","Chapter 176V"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter176V/Section8","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:24:20Z","sha256":"3e73010f9cdc459542e553768bf825662578bb3cfe6e35988d571e63c6e0d827","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-176v-7","next":"us-ma/mass.-gen.-laws-ch.-176v-9"},"notice":"GroundRules: Original legal text. Not legal advice."}