2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 505 - INSURANCE DIVISION
505.27 - MEDICAL MALPRACTICE INSURANCE -- REPORTS REQUIRED.

        505.27  MEDICAL MALPRACTICE INSURANCE -- REPORTS
      REQUIRED.
         1.  An insurer providing medical malpractice insurance coverage to
      Iowa health care providers shall file annually on or before June 1
      with the commissioner a report of all medical malpractice insurance
      claims, both open claims and closed claims filed during the reporting
      period, against any such Iowa insureds during the preceding calendar
      year.
         2.  The report shall be in writing and contain all of the
      following information aggregated by specialty area and paid loss and
      paid expense categories established by the commissioner:
         a.  The total number of claims in the reporting period and the
      nature and substance of such claims.
         b.  The total amounts paid within six months after final
      disposition of the claims.
         c.  The total amount reserved for the payment of claims
      incurred and reported but not disposed.
         d.  The expenses, as set forth by rule, related to the claims.

         e.  Any other additional information as required by the
      commissioner by rule.
         3.  The commissioner shall compile annually the data included in
      reports filed by insurers pursuant to this section into an aggregate
      form by insurer, except that such data shall not include information
      that directly or indirectly identifies any individual, including a
      patient, an insured, or a health care provider.  The commissioner
      shall submit a written report summarizing such data along with any
      recommendations to the general assembly and the governor by December
      1, 2007, with subsequent reports submitted to the general assembly
      and the governor annually thereafter.
         4.  A report prepared pursuant to subsection 1 or 3 shall be open
      to the public and shall be made available to a requesting party by
      the commissioner at no charge, except that any identifying
      information of any individual, including a patient, an insured, or
      health care provider, shall remain confidential.
         5.  For purposes of this section, "health care provider" means
      the same as defined in section 135.61, a hospital licensed pursuant
      to chapter 135B, or a health care facility licensed pursuant to
      chapter 135C, and "insurer" means an insurance company authorized
      to transact insurance business in this state.  "Insurer" does not
      include a health care provider who maintains professional liability
      insurance coverage through a self-insurance plan, an unauthorized
      insurance company transacting business with an insured person in this
      state, or a person not authorized to transact insurance business in
      this state.  
         Section History: Recent Form
         2006 Acts, ch 1128, §3

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