Article 12a.--MUTUAL INSURANCE COMPANIES ORGANIZED TO PROVIDE HEALTH CARE PROVIDER LIABILITY INSURANCE
40-12a06.Insurance authorized to be written; authority to contract withjoint underwriting authority and write insurance under plan.(a) Any company organized under the provisions of this act shall be empoweredto make contracts of insurance as provided herein and to cede to any insurer oraccept from any insurer reinsurance on any portion of any such risk for thefollowing kinds of insurance:
(1) Against loss or liability arising out of the performance of professionalservices rendered or which should have been rendered by an insured.
(2) Against loss or liability to persons or property for which theinsured may be liable or have assumed liability, including but not limitedto liability of any person who is a director or officer of a health careprovider arising out of acts performed or which should have been performedby such director or officer.
(3) Against loss or liability to persons or property resulting from theownership, maintenance or use of any ambulance, aircraft or other vehicleused by an insured in connection with rendering professional services.
(b) Any company organized under the provisions of this act shall beempowered to contract with the governing board of any plan created pursuantto K.S.A. 40-3413 and amendments thereto to issue policies to any applicant forliability insurance under the provisions of any such plan, to service andmanage such policies and in all respects to administer and carry out thefunctions of any plan as the same may be authorized by the contract. Policiesmay be issued to persons and corporations under the provisions of such contracteven though the insured is not a member of the association of health careproviders forming the insurance company. No provision of this act or of article12 of chapter 40 of the Kansas Statutes Annotated regarding the voting rightsof members or the payment of dividendsshallapply to policies issued under this subsection.
History: L. 1988, ch. 147, § 6; L. 1990, ch. 166, § 1;L. 1997, ch. 52, § 4; July 1.
Article 12a.--MUTUAL INSURANCE COMPANIES ORGANIZED TO PROVIDE HEALTH CARE PROVIDER LIABILITY INSURANCE
40-12a06.Insurance authorized to be written; authority to contract withjoint underwriting authority and write insurance under plan.(a) Any company organized under the provisions of this act shall be empoweredto make contracts of insurance as provided herein and to cede to any insurer oraccept from any insurer reinsurance on any portion of any such risk for thefollowing kinds of insurance:
(1) Against loss or liability arising out of the performance of professionalservices rendered or which should have been rendered by an insured.
(2) Against loss or liability to persons or property for which theinsured may be liable or have assumed liability, including but not limitedto liability of any person who is a director or officer of a health careprovider arising out of acts performed or which should have been performedby such director or officer.
(3) Against loss or liability to persons or property resulting from theownership, maintenance or use of any ambulance, aircraft or other vehicleused by an insured in connection with rendering professional services.
(b) Any company organized under the provisions of this act shall beempowered to contract with the governing board of any plan created pursuantto K.S.A. 40-3413 and amendments thereto to issue policies to any applicant forliability insurance under the provisions of any such plan, to service andmanage such policies and in all respects to administer and carry out thefunctions of any plan as the same may be authorized by the contract. Policiesmay be issued to persons and corporations under the provisions of such contracteven though the insured is not a member of the association of health careproviders forming the insurance company. No provision of this act or of article12 of chapter 40 of the Kansas Statutes Annotated regarding the voting rightsof members or the payment of dividendsshallapply to policies issued under this subsection.
History: L. 1988, ch. 147, § 6; L. 1990, ch. 166, § 1;L. 1997, ch. 52, § 4; July 1.
Article 12a.--MUTUAL INSURANCE COMPANIES ORGANIZED TO PROVIDE HEALTH CARE PROVIDER LIABILITY INSURANCE
40-12a06.Insurance authorized to be written; authority to contract withjoint underwriting authority and write insurance under plan.(a) Any company organized under the provisions of this act shall be empoweredto make contracts of insurance as provided herein and to cede to any insurer oraccept from any insurer reinsurance on any portion of any such risk for thefollowing kinds of insurance:
(1) Against loss or liability arising out of the performance of professionalservices rendered or which should have been rendered by an insured.
(2) Against loss or liability to persons or property for which theinsured may be liable or have assumed liability, including but not limitedto liability of any person who is a director or officer of a health careprovider arising out of acts performed or which should have been performedby such director or officer.
(3) Against loss or liability to persons or property resulting from theownership, maintenance or use of any ambulance, aircraft or other vehicleused by an insured in connection with rendering professional services.
(b) Any company organized under the provisions of this act shall beempowered to contract with the governing board of any plan created pursuantto K.S.A. 40-3413 and amendments thereto to issue policies to any applicant forliability insurance under the provisions of any such plan, to service andmanage such policies and in all respects to administer and carry out thefunctions of any plan as the same may be authorized by the contract. Policiesmay be issued to persons and corporations under the provisions of such contracteven though the insured is not a member of the association of health careproviders forming the insurance company. No provision of this act or of article12 of chapter 40 of the Kansas Statutes Annotated regarding the voting rightsof members or the payment of dividendsshallapply to policies issued under this subsection.
History: L. 1988, ch. 147, § 6; L. 1990, ch. 166, § 1;L. 1997, ch. 52, § 4; July 1.
