- 1. Every insurer providing legal malpractice insurance to attorneys at law or a professional corporation duly engaged in the practice of law in Missouri and all employees of the foregoing acting in the course and scope of their employment shall submit a confidential report to the director on January first of each year containing all claims for legal malpractice made against any of its insureds during the preceding twelve-month period.
2. The report shall be in writing and on a form prescribed by the director. One form shall be completed for each claim and the form shall contain the following information relating to each claim:
- (1) The insurer's claim number;
- (2) The city population where the claim was made;
- (3) How many lawyers are insured under the policy;
- (4) How many years the insured had been in practice at the time of the alleged act or omission;
- (5) The type of law office of which the insured is a member;
- (6) The relationship of the insured to the claimant;
- (7) Whether the claim arose after the insured made an attempt to collect a fee;
- (8) Whether the claim arose from an area of law normal to the insured's practice;
- (9) The month and year of the occurrence on which the claim was based;
- (10) The month and year when the claim was first reported to the insurer;
- (11) The area of law in which the insured was retained by the claimant;
- (12) The major activity in which the lawyer was engaged at the time the alleged act or omission occurred;
- (13) The alleged act or omission which was the most significantly related to the cause of the claim being made;
- (14) The reserve established for loss payment;
- (15) The reserve established for loss expenses; and
- (16) The amount of the insured's deductible.
- 3. The insurer shall, within six months of final disposition of the claim, report to the director the final outcome of the claim including any payments made.
(L. 1985 H.B. 657 & 337 § 2)