Guarantee Trust Life Insurance Company v. Superintendent of Insurance

[¶ 1] Guarantee Trust Life Insurance Company (GTL) appeals from a judgment entered in the Business and Consumer Docket (Horton, J.) that affirmed a decision of the Superintendent of Insurance. The Superintendent concluded that GTL violated 24-A M.R.S. §§ 1420-Md), 1 1902, 2 and 2412(1-A)(B) 3 (2012) and that GTL is accountable, pursuant to 24-A M.R.S. § 1445(1)(D)(2012), 4 for violations committed by Cinergy Health, Inc., a company acting as GTL’s producer. Based on these conclusions, the Superintendent ordered GTL to pay a civil penalty of $150,000.

[¶ 2] GTL argues that (1) it cannot be…