679B.144  Commissioner required to collect information regarding closed claims for medical malpractice; submission to Legislature; regulations.

1.  The Commissioner shall collect and maintain the information provided by insurers pursuant to NRS 690B.260 regarding each closed claim for medical malpractice filed against a person who is covered by a policy of insurance for medical malpractice in this state, including, without limitation:

(a) The cause of the loss;

(b) A description of the injury for which the claim was filed;

(c) The sex of the injured person;

(d) The names and number of defendants in each claim;

(e) The type of coverage provided;

(f) The amount of the initial, highest and last reserves of an insurer for each claim before final resolution of the claim by settlement or trial;

(g) The disposition of each claim;

(h) The amount of money awarded through settlement or by verdict;

(i) The sum of money paid to each claimant and the source of that sum;

(j) Any sum of money allocated to expenses for the adjustment of losses; and

(k) Any other information the Commissioner determines to be necessary or appropriate.

2.  The Commissioner shall submit with the report to the Legislature required pursuant to NRS 679B.410 a summary of the information collected pursuant to this section.

3.  The Commissioner shall adopt regulations necessary to carry out the provisions of this section.

4.  As used in this section, “policy of insurance for medical malpractice” means a policy that provides coverage for any medical professional liability of the insured under the policy.

(Added to NRS by 1997, 507; A 2003, 3276)