20.3.6 Fraud
A person commits a fraudulent insurance act if during policy issuance or payment of a claim the person knowingly and with intent to defraiud presents to an insurerer, broker, or agent any written statement which the person knows contains materially false information concerning any material fact. Intentionally concealing a material fact for the purpose of misleading another is also a fraudulent act.
In the event of fraud against a member of the public, the Chief Financial Officer can turn the matter over to the Attorney General for prosecution.
