(a) There is hereby created a special account in the state Treasury designated the Unfair Claims Settlement Practice Trust Fund, which shall be an interest-bearing account and may be invested in the manner permitted by section nine, article six, chapter twelve of this code, with the interest income or other refund earned thereon a proper credit to the fund. Funds paid into the account may also be derived from the following sources:

1. (1) Payments received pursuant to section nine, article two of this chapter; and
2. (2) Any appropriations by the Legislature which may be made for this purpose.