§ 34-18-9-3 — Notice of reserve by medical liability insurer; report of final adjudications and settlements

Indiana § 34-18-9-3

• Jurisdiction: Indiana
• Title 34: CIVIL LAW AND PROCEDURE
• Art. 18: MEDICAL MALPRACTICE
• Ch. 9: Reporting and Review of Claims

Text

(a) A health care provider's insurer shall notify
the commissioner of any malpractice case upon which the insurer has
placed a reserve of at least one hundred twenty-five thousand dollars
($125,000). The insurer shall give notice to the commissioner under
this subsection immediately after placing the reserve. The notice and
all communications and correspondence relating to the notice are
confidential and may not be made available to any person or any public
or private agency.
(b) All malpractice claims settled or adjudicated to final judgment
against a health care provider shall be reported to the commissioner by
the plaintiff's attorney and by the health care provider or the health care
provider's insurer or risk manager within sixty (60) days following final
disposition of the claim. The report to the commissioner must state the
following:
(1) The nature of the claim.
(2) The damages asserted and the alleged injury.
(3) The attorney's fees and expenses incurred in connection with
the claim or defense.
(4) The amount of the settlement or judgment.
[Pre-1998 Recodification Citation: 27-12-9-3.]

Legislative History

As added by P.L.1-1998, SEC.13. Amended by P.L.111-1998, SEC.11.