(a) The purpose of the department's insurance fraud unit is to enforce laws relating to fraudulent insurance acts.
(b) The insurance fraud unit may receive, review, and investigate in a timely manner insurer antifraud reports submitted under Chapter 704.
(c) The insurance fraud unit shall report annually to the commissioner in writing regarding:
(1) the number of cases completed by the insurance fraud unit; and
(2) recommendations for regulatory and statutory responses to the types of fraudulent activities encountered by the insurance fraud unit.