1. (1) If requested in writing by the commissioner, each insurer engaged in issuing medical malpractice professional liability insurance in this state shall, within 60 days, provide a report to the commissioner containing the following categories of information, as directed by the commissioner, for one or more professions provided in subsection (2)(b):

   1. (a) the number of medical malpractice insureds as of December 31 of the preceding calendar year;
   2. (b) the amount of direct premiums written and direct premiums paid for medical malpractice insurance during the preceding calendar year;
   3. (c) the number of medical malpractice claims made against its insureds during the preceding calendar year;
   4. (d) the number of medical malpractice claims that were closed and that had a direct loss paid during the preceding calendar year, together with the total amount of direct losses paid for all closed claims for that year;
   5. (e) the number of medical malpractice claims that were still open and had no direct losses paid as of December 31 of the preceding calendar year;

   6. (f) the number of claims filed against its insureds in state and federal courts during the preceding calendar year, including the number of claims that were closed:

      1. (i) without settlement during the preceding calendar year;
      2. (ii) with a settlement during the preceding calendar year and the total amount paid for those claims;
      3. (iii) during the preceding calendar year and that went to trial and the number that resulted in a judgment or verdict for the plaintiff, the number that resulted in a judgment or verdict for the insured, and the number that resulted in some other judgment or verdict;
   7. (g) the total direct losses paid for claims against its medical malpractice insureds that went to trial and were closed during the preceding year; and
   8. (h) other information and statistics that the commissioner of insurance requires.

2. (2) For purposes of this section:

   1. (a) "insurer" has the meaning provided in 33-1-201; and
   2. (b) "profession" includes the categories of physician, osteopath, podiatrist, dentist, optometrist, registered nurse, licensed practical nurse, or health care facility as defined in 50-5-101.

History: En. Sec. 1, Ch. 213, L. 2005; amd. Sec. 29, Ch. 157, L. 2023.