Which fine is applicable for repeated violations of unfair discrimination?

The appropriate fine for repeated violations of unfair discrimination falls within the range of $15,000 to $100,000. This range reflects the seriousness of the offense, particularly when it comes to unfair discrimination in insurance practices. Such a significant financial penalty is designed to discourage insurers and brokers from engaging in practices that could harm consumers or lead to unjust treatment based on protected characteristics.

The structure of fines is intended to escalate with the number of violations to ensure that non-compliance is met with increasingly severe consequences. Therefore, the fines are substantial for frequent violations, reinforcing the importance of equitable treatment in the insurance industry.

The other fine amounts specified in the other choices are lower, reflecting penalties that may apply to initial or less severe infractions rather than repeated offenses, emphasizing the escalated penalties for persistent non-compliance in matters impacting consumer rights and fairness in insurance practices.