Powers of insurance fraud prevention unit.

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58-4A-3. Powers of insurance fraud prevention unit.

The insurance fraud prevention unit through its investigator or attorney may do the following:

(1)The investigator or attorney may initiate and conduct independent investigations if the unit has cause to believe that a fraudulent insurance act has been or may be committed;

(2)The investigator or attorney may review reports or complaints of alleged fraudulent insurance acts to determine whether such reports require further investigation and to conduct such investigation;

(3)The investigator or attorney may undertake independent studies to determine the extent of fraudulent insurance acts;

(4)The investigator or attorney may promote awareness of insurance fraud through educational seminars and other education programs for the insurance industry and the general public;

(5)The attorney, subject to applicable criminal or civil law and procedure, may prosecute fraudulent insurance acts on behalf of the state through criminal and civil proceedings; and

(6)The investigator or attorney may cooperate with federal, state, and local law enforcement, prosecuting attorneys, and the attorney general in the investigation and prosecution of fraudulent insurance acts.

Source: SL 1999, ch 241, §3.


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