N.Y. Financial Services Law § 409: Reports

§ 409. Reports. (a) Whenever the superintendent is satisfied that a

violation subject to section four hundred eight or four hundred eight-a

of this article or fraud or other criminal activity under the insurance

law or banking law has been committed or attempted, the superintendent

shall report any such violation of law, as the superintendent deems

appropriate, to the appropriate licensing agency, the district attorney

of the county in which such acts were committed, to the attorney

general, and where appropriate, to the person who submitted the report

of fraudulent activity, as provided by the provisions of this article.

Within one hundred twenty days of receipt of the superintendent's

report, the attorney general or the district attorney concerned shall

inform the superintendent as to the status of the reported violations.

(b) No later than March fifteenth of each year, beginning in two

thousand twelve, the superintendent shall furnish to the governor, the

speaker of the assembly and the temporary president of the senate a

report describing the activities of the financial frauds and consumer

protection unit. Such report shall describe (1) the unit's efforts with

respect to (A) frauds against entities regulated under the banking and

insurance laws; and (B) frauds against consumers; (2) the unit's

activities to address consumer complaints; and (3) any recommendations

of the superintendent with respect to changes of law that are desirable

to address gaps in protection. The report may address such other matters

relating to the activities of the financial frauds and consumer

protection unit as the superintendent believes will be useful to the

governor or the legislature.

(c) No later than March fifteenth of each year beginning in the year

two thousand twelve, the superintendent shall submit to the governor,

the state comptroller, the attorney general, the temporary president of

the senate, the speaker of the assembly, the chairpersons of the senate

finance and health committees, and the assembly ways and means and

health committees, a report summarizing the department's activities to

investigate and combat health insurance fraud including information

regarding referrals received, investigations initiated, investigations

completed, and any other material necessary or desirable to evaluate the

department's efforts.