The following data and information shall be furnished by the insurance company to the division within thirty days from any judgment, settlement, or other dismissal involving the insured:
- (1) Date of any judgment, settlement, or other dismissal;
- (2) Whether any appeal has been taken and by which party;
- (3) Amount of any judgment against the insured;
- (4) Amount of any settlement paid on behalf of the insured, whether such settlement was negotiated by suit or without the filing of a complaint for damages; and
- (5) If consideration was not paid on behalf of the insured and a judgment of no cause for action was not entered, the reason for any dismissal.
Source: SL 1976, ch 316 , § 4.