(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.