WM. PRESTON LANE, JR., GOVERNOR. 1257

may be afforded applicants who are in good faith entitled to
but who are unable to procure such insurance through ordi-
nary methods and such insurers may agree among themselves
on the use of reasonable rate modifications for such insurance,
such agreements and rate modifications to be subject to the
approval of the commissioner.

16—PENALTIES.

The commissioner may, if he finds that any person or organ-
ization has violated any provision of this Act, impose a pen-
alty of not more than fifty dollars ($50) for each such viola-
tion, but if he finds such violation to be wilful he may impose
a penalty of not more than five hundred dollars ($500) for
each such violation. Such penalties may be in addition to
any other penalty provided by law.

The commissioner may suspend the license of any rating
organization or insurer which fails to comply with an order
of the commissioner within the time limited by such order,
or any extension thereof which the commissioner may grant.
The commissioner shall not suspend the license of any rating
organization or insurer for failure to comply with an order
until the time prescribed for an appeal therefrom has expired
or if an appeal has been taken, until such order has been
affirmed. The commissioner may determine when a suspension
of license shall become effective and it shall remain in effect
for the period fixed by him, unless he modifies or rescinds
such suspension, or until the order upon which such suspen-
sion is based is modified, rescinded or reversed.

No penalty shall be imposed and no license shall be sus-
pended or revoked except upon a written order of the com-
missioner, stating his findings, made after a hearing held
upon not less than ten days' written notice to such person or
organization specifying the alleged violation.

17—HEARING PROCEDURE AND JUDICIAL REVIEW.

(a) Any insurer or rating organization aggrieved by any
order or decision of the commissioner made without a hearing
may, within thirty days after notice of the order to the in-
surer or organization, make written request to the commis-
sioner for a hearing thereon. The commissioner shall hear
such party or parties within twenty days after receipt of such
request and shall give not less than ten days7 written notice
of the time and place of the hearing. Within fifteen days
after such hearing the commissioner shall affirm, reverse or
modify his previous action, specifying his reasons therefor.
Pending such hearing and decision thereon the commissioner
may suspend or postpone the effective date of his previous
action.