Who must the director or designee report criminal violations of insurance laws to?

The correct answer is that the director or designee must report criminal violations of insurance laws to the Attorney General or law enforcement officials. This requirement is in place to ensure that such violations are investigated and prosecuted appropriately, as the Attorney General is responsible for enforcing the state’s laws and protecting the public's interests. By reporting to law enforcement, the director can help facilitate a formal investigation into the violation, which could involve gathering evidence and conducting interviews.

In this context, the other options relate to state governance but do not have direct involvement in the enforcement of insurance laws or criminal prosecution. The President of the Senate may have legislative responsibilities but lacks the enforcement authority needed in this scenario. The Governor's role typically involves broader oversight of state operations rather than specific law enforcement responsibilities. Similarly, the Chief Financial Officer deals with the financial aspects of state operations rather than criminal law enforcement. Thus, the correct pathway for reporting violations aligns with the role of the Attorney General and law enforcement in upholding the law.