Rhode Island § 27-54.1-5 § 27-54.1-5. Insurer antifraud initiatives.

Rhode Island Statutes

§ 27-54.1-5 — § 27-54.1-5. Insurer antifraud initiatives.

Rhode Island § 27-54.1-5

Title 27Insurance

Ch. 27-54.1Anti-Fraud Act

This text of Rhode Island § 27-54.1-5 (§ 27-54.1-5. Insurer antifraud initiatives.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 27-54.1-5 (2026).

Text

§ 27-54.1-5. Insurer antifraud initiatives.
(a) Insurers shall have antifraud initiatives reasonably calculated to detect, report,
            prosecute, and prevent fraudulent insurance acts. Antifraud initiatives may include:
         
(1) Fraud investigators, who may be insurer employees or independent contractors; or
         
(2) An antifraud plan.
         
(b) A person engaged in the business of insurance having knowledge or a reasonable belief
            that a fraudulent insurance act is being, will be, or has been committed shall provide
            such information to the governmental un

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§ 27-54.1-5. Insurer antifraud initiatives.

(a) Insurers shall have antifraud initiatives reasonably calculated to detect, report, prosecute, and prevent fraudulent insurance acts. Antifraud initiatives may include:

(1) Fraud investigators, who may be insurer employees or independent contractors; or

(2) An antifraud plan.

(b) A person engaged in the business of insurance having knowledge or a reasonable belief that a fraudulent insurance act is being, will be, or has been committed shall provide such information to the governmental unit responsible for investigation of such act, or if no such unit exists, to the commissioner.