2013 New York Consolidated Laws
ISC - Insurance
Article 4 - (401 - 411) INSURANCE FRAUDS PREVENTION
401 - Title; legislative declaration and purpose.

 
    §  401. Title; legislative declaration and purpose. This article shall
  be known and may be cited as the "insurance frauds prevention act".
    (a) The legislature finds and declares that the business of  insurance
  directly  and indirectly affects all sectors of the public, business and
  government. It further finds that the business of  insurance,  including
  organization and licensing, the issuance of policies, and the adjustment
  and  payment  of claims and losses, involve many transactions which have
  potential for abuse and illegal activities.
    (b) Arson for insurance fraud is a particularly damaging crime against
  society, destroying lives, property and neighborhoods. Insurance  losses
  resulting  from  arson  are  reflected  in  higher  premiums  charged to
  residents of this state.
    (c)  This  article  establishes   a   framework   within   which   the
  superintendent  and  the  department  can more effectively assist in the
  elimination of arson  for  insurance  fraud.  That  increased  capacity,
  together  with  a  more  effective  monitoring  of  fire loss claims and
  payments by the insurance industry  through  centralized  reporting  and
  oversight, is intended to make it more difficult to perpetrate the crime
  of insurance fraud by arson.