What action may the Director of Insurance take if a person engages in illegal acts under Section 381?

The Director of Insurance has the authority to issue administrative orders and take actions that may include suspending or revoking licenses when a person engages in illegal acts under Section 381. This option is comprehensive and aligns with the regulatory framework that the Director operates within to ensure compliance and uphold the integrity of the insurance industry.

The ability to issue administrative orders allows the Director to address various violations through structured processes rather than taking a single-step punitive action. This approach reflects the regulatory principle that aims to rectify behavior and promote compliance, rather than simply penalizing without recourse.

Suspending or revoking a license is a significant action that serves to protect the public from individuals who operate outside of the legal standards set for the insurance industry. This authority is essential for maintaining accountability and ensuring that insurance practices adhere to regulatory expectations.

Other options lack the breadth of action available to the Director, focusing too narrowly on singular responses like fines or warnings, which do not encompass the regulatory powers necessarily invoked in the context of more serious infractions.