33-23-311. Information required of professional liability insurers -- submission. (1) For purposes of this section, "profession" means the occupations engaged in by physicians, osteopaths, registered nurses, licensed practical nurses, dentists, optometrists, podiatrists, chiropractors, hospitals, attorneys, certified public accountants, public accountants, architects, veterinarians, pharmacists, and professional engineers.
     (2) Each insurance company engaged in issuing professional liability insurance in the state of Montana shall include the following information, by profession, from its experience in the state of Montana, in its annual statement to the commissioner:
     (a) the number of insureds as of December 31 of the calendar year next preceding;
     (b) the amount of earned premiums paid by the insureds during the calendar year next preceding;
     (c) the number of claims made against the insurer's insureds and the number of claims outstanding as of December 31 of the calendar year next preceding;
     (d) the number of claims paid by the insurer during the calendar year next preceding and the total monetary amount thereof;
     (e) the number of lawsuits filed against the insurer's insureds and the number of insureds included therein during the calendar year next preceding;
     (f) the number of lawsuits previously filed against the insurer's insureds which were dismissed without settlement or trial and the number of insureds included therein during the calendar year next preceding;
     (g) the number of lawsuits previously filed against the insurer's insureds which were settled without trial, the total monetary amount paid as settlements in such settled cases, and the number of insureds included therein during the calendar year next preceding;
     (h) the number of lawsuits against the insurer's insureds which went to trial during the calendar year next preceding and the number of such cases ending in the following:
     (i) judgment or verdict for the plaintiff;
     (ii) judgment or verdict for the defendant;
     (iii) other;
     (i) the total monetary amount paid out in those lawsuits specified in subsection (2)(h);
     (j) the total number of the insurer's insureds included in those lawsuits specified in subsection (2)(h);
     (k) the number of new trials granted during the calendar year next preceding;
     (l) the number of lawsuits pending on appeal as of December 31 of the next preceding calendar year; and
     (m) such other information and statistics as the commissioner considers necessary.
     (3) The commissioner shall, within 60 days of request, submit in writing to the appropriate licensing authority the data and information furnished him pursuant to this section relevant to the particular profession or facility.

     History: (1)En. 40-2827 by Sec. 1, Ch. 212, L. 1977; Sec. 40-2827, R.C.M. 1947; (2)En. 40-2828 by Sec 2, Ch. 212, L. 1977; Sec. 40-2828, R.C.M. 1947; (3)En. 40-2829 by Sec. 3, Ch. 212, L. 1977; Sec. 40-2829, R.C.M. 1947; R.C.M. 1947, 40-2827, 40-2828, 40-2829.