Federal and State Laws
New York Laws
New York Insurance Law Article 4 - INSURANCE FRAUDS PREVENTION
401 - Title; Legislative Declaration and Purpose.
This article shall be known and may be cited as the "insurance frauds prevention act". (a) The legislature finds and declares that the business of...
403 - Prohibitions.
(a) In this article, "fraudulent insurance act" means insurance fraud as defined in section 176.05 of the penal law; and the terms "personal insurance" and...
404 - Procedures.
(a) If the superintendent has reason to believe that a person has engaged in, or is engaging in, an act defined in section 155.05 of...
405 - Reports.
(a) Any person licensed or registered pursuant to the provisions of this chapter, and any person engaged in the business of insurance or life settlement...
407 - Other Law Enforcement Authority, Powers and Duties Not Affected or Impaired.
This article shall not: (a) Preempt the authority or relieve the duty of other law enforcement agencies to investigate and prosecute suspected violations of law....
409 - Fraud Prevention Plans and Special Investigations Units.
(a) Every insurer writing private or commercial automobile insurance, workers' compensation insurance, or individual, group or blanket accident and health insurance policies issued or issued...
411 - Life Settlements Fraud Prevention Plans.
(a) Every life settlement provider shall file with the superintendent a plan for the detection, investigation and prevention of fraudulent life settlement acts in this...
Last modified: February 3, 2019