No person shall be subject to civil liability or criminal prosecution for reporting any suspected insurance fraud if: (1) The report was made to: (A) The Department of Insurance, Securities, and Banking, the Metropolitan Police Department, or any other law enforcement authority; or (B) Any insurer, insurance agent, or other person who collects, reviews, or analyzes information concerning insurance fraud; and (2) The person or entity reporting the suspected fraud acted without malice when making the report.