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Can you summarize LARS 22.1924?
INSURANCE FRAUD > Prohibited activities and sanctions
Short Summary
This legal document outlines the prohibited activities and sanctions related to insurance fraud in Louisiana. Any person who commits acts with the intent to injure, defraud, or deceive insurance companies, the Department of Insurance, insured parties, or third-party claimants may be guilty of a felony. The specified acts include committing fraudulent insurance acts, presenting false information in support of a claim, and assisting or conspiring with others to make false statements. Knowingly and willfully committing health care fraud is also punishable. The penalties for these offenses include imprisonment, fines, and restitution to the victim or victim company. The document emphasizes that the criminal provisions shall be investigated, enforced, or prosecuted by proper law enforcement and prosecutorial agencies.
Whom does it apply to?
Any person who commits fraudulent acts in relation to insurance companies, the Department of Insurance, insured parties, or third-party claimants
What does it govern?
Prohibited activities and sanctions related to insurance fraud
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
A term of imprisonment not exceeding five years, a fine not exceeding five thousand dollars, or both, on each count. For acts involving an amount not exceeding one thousand dollars, the term of imprisonment shall not exceed six months, and any fine shall not exceed one thousand dollars on each count. Additionally, the defendant shall make payment of restitution to the victim or victim company of any insurance payments that the court determines were not owed, as well as the costs incurred by the victim or victim company associated with the evaluation and defense of the fraudulent claim.
Jurisdiction
Louisiana