| Sec. 1. Feasibility study; report. Resolved: That the Superintendent of |
Insurance shall study, in consultation with other state agencies and |
interested persons, the feasibility of establishing an organizational |
unit within the Department of Professional and Financial Regulation, |
Bureau of Insurance dedicated to the investigation, prosecution and |
prevention of insurance fraud, including, but not limited to, the |
fraudulent conduct of consumers, insurance producers and insurers. By |
December 5, 2005 the Superintendent of Insurance shall submit a report on |
the feasibility study to the Joint Standing Committee on Insurance and |
Financial Services. The report must include the superintendent's |
findings and recommendations, including any suggested legislation, |
regarding the feasibility of establishing, implementing and funding an |
insurance fraud unit. Following receipt and review of the report, the |
Joint Standing Committee on Insurance and Financial Services may report |
out a bill related to the report to the Second Regular Session of the |
122nd Legislature. |