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Current as of January 01, 2025 | Updated by Findlaw Staff
1. The insurer of a physician, physician assistant, practitioner of respiratory care or perfusionist licensed under this chapter shall report to the Board:
(a) Any action for malpractice against the physician, physician assistant, practitioner of respiratory care or perfusionist not later than 45 days after the physician, physician assistant, practitioner of respiratory care or perfusionist receives service of a summons and complaint for the action;
(b) Any claim for malpractice against the physician, physician assistant, practitioner of respiratory care or perfusionist that is submitted to arbitration or mediation not later than 45 days after the claim is submitted to arbitration or mediation; and
(c) Any settlement, award, judgment or other disposition of any action or claim described in paragraph (a) or (b) not later than 45 days after the settlement, award, judgment or other disposition.
2. The Board shall report any failure to comply with subsection 1 by an insurer licensed in this State to the Division of Insurance of the Department of Business and Industry. If, after a hearing, the Division of Insurance determines that any such insurer failed to comply with the requirements of subsection 1, the Division may impose an administrative fine of not more than $10,000 against the insurer for each such failure to report. If the administrative fine is not paid when due, the fine must be recovered in a civil action brought by the Attorney General on behalf of the Division.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 54. Professions, Occupations and Businesses § 630.3067. Insurer of physician, physician assistant, practitioner of respiratory care or perfusionist required to report certain information concerning malpractice; administrative fine for failure to report - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-54-professions-occupations-and-businesses/nv-rev-st-630-3067/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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