2016 New York Laws
ISC - Insurance
Article 4 - (Insurance) INSURANCE FRAUDS PREVENTION
405 - Reports.

  405. Reports. (a) Any person licensed or registered pursuant to the
  provisions of this chapter, and any person engaged in  the  business  of
  insurance  or  life  settlement  in  this  state  who  is  exempted from
  compliance with the licensing requirements of  this  chapter,  including
  the  state  insurance fund of this state, who has reason to believe that
  an insurance transaction or life settlement act may  be  fraudulent,  or
  has knowledge that a fraudulent insurance transaction or fraudulent life
  settlement  act is about to take place, or has taken place shall, within
  thirty days after determination by  such  person  that  the  transaction
  appears  to  be  fraudulent,  send  to  the  superintendent  on  a  form
  prescribed by the superintendent, the information requested by the  form
  and such additional information relative to the factual circumstances of
  the  transaction  and  the  parties  involved  as the superintendent may
  require. The superintendent shall accept reports of suspected fraudulent
  insurance transactions or fraudulent life settlement acts from any  self
  insurer,  including  but  not  limited to self insurers providing health
  insurance coverage or those defined in section  fifty  of  the  workers'
  compensation  law,  and  shall  treat such reports as any other received
  pursuant to this section.
(b) The superintendent shall review each  report  and  undertake  such
  further  investigation  as the superintendent deems necessary and proper
  to determine the validity of the allegations.