Wyoming’s Joint Corporations, Elections and Political Subdivisions Interim Committee has endorsed a draft fraud bill that would protect insurers from civil liability for furnishing information relating to insurance fraud and unfair trade practices to law enforcement agencies.
According to the Coalition Against Insurance Fraud, law enforcement agencies now must obtain subpoenas before receiving case material from insurers. The bill draft protects insurers from civil liability, and would preclude the burden of obtaining a subpoena, the Coalition explained.
The act is scheduled to take effect July 1, 2011.
Was this article valuable?
Here are more articles you may enjoy.
Florida Supreme Court Approves Board Certification in Insurance Law 
NYC Restaurants Shut Off Air Conditioning, Close on Sundays as Costs Surge 
Harbor Emerges From Stealth with $10M Funding to Handle AI-Agent Risk 
Europe’s Insurers Cut Coverage of Weather Losses, Report Says From This Issue
