What penalty is imposed for each non-willful violation under the CFO's regulations?

The correct answer reflects that the penalty for each non-willful violation under the Chief Financial Officer's regulations is set at a fine not greater than $5,000. This amount is established as a guideline for penalties imposed when a violation occurs without willful intent, meaning the transgressor did not knowingly or intentionally disregard the regulations.

In the regulatory framework, non-willful violations are treated with a degree of leniency compared to willful violations, recognizing that the offender may not have consciously set out to break the law. The purpose of this penalty structure is to encourage compliance while still holding individuals and entities accountable for their actions.

Understanding this framework helps in grasping the broader context of enforcement actions taken by the CFO’s office, which focuses on maintaining adherence to Florida's insurance laws without excessively punitive measures for less egregious breaches.