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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) An insurer that issues professional liability insurance policies covering physicians and health care providers shall file annually with the commissioner a report of:
(1) all claims and the amounts of those claims;
(2) amounts of claims reserves;
(3) investment income of the insurer derived from medical professional liability premiums;
(4) information relating to amounts of judgments and settlements paid on claims; and
(5) other information required by the commissioner.
(b) The commissioner may promulgate a form on which the information under Subsection (a) must be reported. The form must require that the information be reported in an accurate manner and be reasonably calculated to:
(1) facilitate interpretation; and
(2) protect the confidentiality of the physician or health care provider.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 1901.004. Annual Reports - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1901-004/
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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