What is the maximum fine for a willful misdemeanor under insurance regulations?

The maximum fine for a willful misdemeanor under insurance regulations is indeed $5,000. This reflects the seriousness with which insurance regulations are treated, as a willful misdemeanor typically involves a deliberate violation of the law. By setting a maximum fine of $5,000, the regulatory framework aims to deter individuals and entities from engaging in acts that can undermine the integrity of the insurance industry. This substantial penalty underscores the importance of compliance with insurance regulations and serves as a warning about the repercussions of willful misconduct.