North Dakota Administrative Code
Title 45 - Insurance, Commissioner of
Article 45-15 - Insurance fraud
Chapter 45-15-01 - Insurance fraud
Section 45-15-01-01 - Insurance fraud

A person engaged in the business of insurance having knowledge or a reasonable belief that a fraudulent insurance act has been, is being, or will be committed shall provide information concerning the known or suspected fraudulent insurance act to the commissioner in writing within sixty days of having that knowledge or reasonable belief. The information may be reported on the national association of insurance commissioners uniform suspected insurance fraud reporting form, a copy of which is attached as appendix A. Thereafter, the person engaged in the business of insurance shall promptly provide to the commissioner any additional information that the commissioner may request concerning the known or suspected fraudulent insurance act. For the purposes of this rule, a reasonable belief means that the person engaged in the business of insurance has a given fact or combination of facts which in their totality result in a determination that more likely than not, a fraudulent insurance act has been, is being, or will be committed.

General Authority: NDCC 28-32-02

Law Implemented: NDCC 26.1-02.1, 26.1-02.1-11