How is the penalty for violating the Hawaii Insurance Code described in terms of a range?

The penalty for violating the Hawaii Insurance Code is indicated as being within the range of 100 to 10,000 dollars, which reflects the regulatory framework established for insurance violations in Hawaii. This range not only allows for flexibility in determining the severity of the punishment based on the nature of the violation, but it also serves as a deterrent against potential infractions. The minimum amount of 100 dollars acknowledges minor offenses, while the maximum of 10,000 dollars is reserved for more serious violations that warrant a stricter financial consequence. This system ensures that penalties can be appropriately scaled according to the specifics of each incident, promoting compliance and upholding the integrity of the insurance industry in Hawaii.