What is the maximum fine that may be imposed for cause in addition to suspension or revocation of an adjuster license?

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The maximum fine that may be imposed for cause, in addition to the suspension or revocation of an adjuster license, is $5,000. This aligns with the regulatory framework governing insurance adjusters in Connecticut. The relatively lower fine amount reflects the intention to ensure that disciplinary actions are proportionate to the violation severity, as the primary focus is typically on altering behaviors instead of financial penalties.

Higher fine amounts like $10,000, $25,000, or $50,000 do not accurately represent the state's established limits for this specific disciplinary action and could suggest more severe consequences typically reserved for more egregious infractions across different regulatory contexts. This helps maintain standards within the industry while also providing a framework for compliance and integrity among adjusters in Connecticut.

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