Wyoming HB0071 mandates reporting and cooperation in insurance fraud investigations, offering immunity from civil liability for good-faith actions.

Wyoming HB0071 establishes requirements for reporting and cooperating in investigations of insurance fraud. It defines insurance fraud as knowingly presenting false information to an insurer or related party. The bill requires insurance businesses to report suspected fraud to the commissioner within 60 days and to fully cooperate with investigations. It also provides immunity from civil liability for those reporting or cooperating in good faith.

Wyoming HB0071 mandates reporting and cooperation in insurance fraud investigations, offering immunity from civil liability for good-faith actions.

Wyoming HB0071 establishes requirements for reporting and cooperating in investigations of insurance fraud. It defines insurance fraud as knowingly presenting false information to an insurer or related party. The bill requires insurance businesses to report suspected fraud to the commissioner within 60 days and to fully cooperate with investigations. It also provides immunity from civil liability for those reporting or cooperating in good faith.