[§431:2-405]  Insurance fraud;administrative penalties.  (a)  In addition to or in lieu of criminalpenalties under section 431:2-403(b), any person who commits insurance fraud asdefined under section 431:2-403, may be subject to the administrative penaltiesin this section.

(b)  If a person is found to have knowinglycommitted insurance fraud under this part, the commissioner may assess any orall of the following penalties:

(1)  Restitution to any insurer or any other person ofbenefits or payments fraudulently received or other damages or costs incurred;

(2)  A fine of not more than $10,000 for eachviolation; and

(3)  Reimbursement of attorneys' fees and costs of theparty sustaining a loss under this part; provided that the State shall beexempt from paying attorneys' fees and costs to other parties.

(c)  Administrative actions brought forinsurance fraud under this part shall be brought within six years after theinsurance fraud is discovered or by exercise of reasonable diligence shouldhave been discovered and, in any event, no more than ten years after the dateon which a violation of this part is committed. [L 2009, c 149, pt of §2]