(a) An act prohibited by Section 27-12A-2, in cases where the loss or potential loss exceeds one thousand dollars ($1,000), constitutes insurance fraud in the first degree.
(b) Insurance fraud in the first degree is a Class B felony.
Structure Code of Alabama
Chapter 12A - Insurance Fraud Investigation Unit and Crime Prevention Act.
Article 1 - Definitions and Crime of Insurance Fraud.
Section 27-12A-1 - Definitions.
Section 27-12A-1.1 - Legislative Intent.
Section 27-12A-2 - Insurance Fraud - Definition.
Section 27-12A-3 - Insurance Fraud in the First Degree.
Section 27-12A-4 - Insurance Fraud in the Second Degree.
Section 27-12A-5 - Transacting Insurance Without a License.
Section 27-12A-7 - Enforcement.
Section 27-12A-8 - Licensing Penalties for Insurance Fraud.
Section 27-12A-9 - Administrative Cease and Desist Authority.