4.__Meetings.__The Board of Insurance Fraud shall meet at least 4 times a year at regular intervals.

5.__Terms.__The term of a member of the Board of Insurance Fraud is 4 years. A member may be appointed for consecutive terms.

6.__Report.__The Board of Insurance Fraud shall report annually on the state of the unit and its operations to the joint standing committees of the Legislature having jurisdiction over insurance matters and over criminal matters.

7.__Oversight by superintendent.__The superintendent shall oversee the activities of the Board of Insurance Fraud.

§2193.__Staff

1.__Director.__The Director of the Insurance Fraud Unit, referred to in this subchapter as "the director," has the following powers and duties:

A.__Supervising the operation of the unit in accordance with this subchapter and with the rules adopted under this subchapter;

B.__Acting as the chief administrative and executive officer of the unit, having general charge of the office and records and employing such personnel as may be necessary to fulfill the purposes of this subchapter;

C.__Acting as executive secretary of the Board of Insurance Fraud;

D.__Administering the Insurance Fraud Fund under section 2196, subsection 2;

E.__Appointing and overseeing the chief investigator; and

F.__Acting as the chief financial officer of the unit, including administering the financial operations of the unit and preparing and presenting the annual budget to the Board of Insurance Fraud prior to the beginning of the fiscal year.

2.__Chief investigator.__The chief investigator, appointed by the director, has the following powers and duties:

A.__Supervising the day-to-day operation of the unit;