Code of Alabama - Title 27: Insurance - Chapter 12A - Insurance Fraud Investigation Unit and Crime Prevention Act
- Article 1 Definitions and Crime of Insurance Fraud.
- Section 27-12A-1 Definitions
As used in this chapter, the following terms shall have the following meanings: (1) COMMISSIONER. The Alabama Commissioner of Insurance or his or her designee....
- Section 27-12A-1.1 Legislative intent
The Legislature finds that the business of insurance involves many transactions that have potential for fraud, abuse, and other illegal activities. This chapter is intended...
- Section 27-12A-2 Insurance fraud - definition
A person commits the crime of insurance fraud if, knowingly and with intent to defraud, he or she commits, or conceals any material information concerning,...
- Section 27-12A-3 Insurance fraud in the first degree
(a) An act prohibited by Section 27-12A-2, in cases where the loss or potential loss exceeds one thousand dollars ($1,000), constitutes insurance fraud in the...
- Section 27-12A-4 Insurance fraud in the second degree
(a) An act prohibited by Section 27-12A-2, in cases where the loss or potential loss does not exceed one thousand dollars ($1,000), constitutes insurance fraud...
- Section 27-12A-5 Transacting insurance without a license
(a) A person commits the crime of transacting insurance without a license if he or she knowingly transacts the business of insurance in violation of...
- Section 27-12A-6 General
(a) No prosecution may be commenced under this article more than two years after the alleged violation was detected. (b) An individual who has been...
- Section 27-12A-7 Enforcement
(a) The enforcement of this chapter shall be vested in the Department of Insurance. It shall be the duty of the department to see that...
- Section 27-12A-8 Licensing penalties for insurance fraud
(a) A producer who violates this chapter may be subject to the suspension or revocation of any insurance license held by the producer or civil...
- Section 27-12A-9 Administrative cease and desist authority
Whenever it appears to the commissioner that any person has engaged in or is about to engage in any act or practice constituting a violation...
- Section 27-12A-10 Promulgation of rules
The Commissioner of Insurance may adopt reasonable rules for the implementation and administration of this chapter.
- Article 2 Insurance Fraud Prevention.
- Section 27-12A-20 Fraud warning
(a) A fraud warning shall be included on at least one of the following: Claim release forms, applications, reinstatements for insurance, participation agreements, declaration pages,...
- Section 27-12A-21 Mandatory reporting requirements
(a) Persons engaged in the business of insurance, having knowledge or a reasonable belief that insurance fraud is being, will be, or has been committed,...
- Section 27-12A-22 Immunity from liability
(a) Except as otherwise provided in subsection (b), there shall be no civil liability imposed on and no cause of action shall arise against a...
- Section 27-12A-23 Confidentiality
(a) Documents and evidence provided pursuant to Section 27-12A-21 or obtained by the department in an investigation of suspected or actual insurance fraud shall be...
- Section 27-12A-24 Other law enforcement or regulatory authority
This chapter shall not be construed to do any of the following: (1) Preempt the authority or relieve other law enforcement or regulatory agencies of...
- Article 3 Insurance Fraud Unit.
Last modified: May 3, 2021