Insurance fraud reporting.

HB 71 requires Wyoming insurance businesses to report suspected insurance fraud to the state commissioner within 60 days of discovery. It also mandates full cooperation with fraud investigations and grants immunity from civil lawsuits for good-faith reporting or cooperation (without malice). The bill directly affects insurance companies, brokers, and agents operating in Wyoming, defining fraud as knowingly submitting false information in applications or claims. Key provisions include new reporting deadlines, investigation cooperation rules, and protections against lawsuits for reporting, effective July 1, 2025.