(a) A covered entity acting alone or through a person, corporation, or legal entity affiliated with the covered entity may bring an action in a court, including a counter-action or cross-action, to:
(1) prevent a person from fraudulently engaging in the business of insurance or the business of a health maintenance organization in this state; or
(2) redress the effects of a person who has fraudulently engaged in the business of insurance or the business of a health maintenance organization in this state.
(b) An action may be brought under this section if:
(1) the acts of the person may adversely affect or have adversely affected at least 10 residents of this state; and
(2) the department has not brought an antifraud action in a court against the person.
(c) An action may be brought under this section regardless of whether the covered entity is directly affected by the person's acts.