Commissioner to conduct business in
Maryland, and use these funds as special
funds to offset General Fund expenditure's
for the Insurance Fraud Unit. For every two
dollars received as special funds by the
Secretary, the appropriation shall be
reduced by one dollar.
Further provided that the Insurance Fraud
Unit shall: (1) Investigate complaints, and
where appropriate, prosecute suits and
actions concerning fraudulent insurance
acts, as defined in Article 48A of the Code
and any other applicable provisions of law;
(2) Cooperate with and assist insurers, the
Insurance Division, the Maryland State
Police, the Attorney General's Office, the
State's Attorney, the Federal Bureau of
Investigation and other appropriate law
enforcement authorities in the investigation
and prosecution of fraudulent insurance
acts; (3) Operate a toll-free telephone
number for the reporting of fraudulent
insurance acts; (4) Conduct public outreach
and awareness programs on the costs of
insurance fraud to the public; (5) Maintain
data and statistics related to insurance
fraud; and (6) Report to the Governor and
the General Assembly by November 1, 1993
on the work of the Fraud Unit and its
progress in performing the duties herein
enumerated and enforcing all relevant fraud
related laws. The report will also include a
discussion of alternate locations for the
Fraud Unit, such as the Insurance Division,
the State Police, and the Attorney General's
Office, as well as the feasibility of
supporting the unit through fees assessed
against insurers authorized by the
Insurance Commissioner to conduct
business in Maryland. ..................................
34.01.01.03 Fiscal Services
General Fund Appropriation...........................
- 393 -
WILLIAM DONALD SCHAEFER, Governor
Ch. 8
1,108,540
|
761,055
|
1,057,165
|
495,205
|
|