SB 2701
Insurance Fraud Detection Act; establish trust fund to assist Mississippi Insurance Department in cyber fraud.
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- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
An act to create the insurance fraud detection act; To create the insurance department fraud detection trust fund; To amend section 83-2-33, mississippi code of 1972, to rename the insurance department fund to the insurance department fraud detection trust fund, to increase the total contributions from $750,000.00 to $1,000,000.00 annually, to remove the requirement these monies be deposited IN the general fund; To amend section 83-5-72, mississippi code of 1972, to rename the insurance department fund to the insurance department fraud detection trust fund, to increase the total contributions from $750,000.00 to $1,000,000.00 annually, to remove the requirement these monies be deposited IN the general fund; And for other related purposes.
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