§ 505.27

505.27 Medical malpractice insurance — annual claims 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 allmedical malpractice insurance claims, both open claims and closed claims filed during thereporting 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 notinclude

er 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 notinclude 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 thegovernor annually by December 1. 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 anyidentifying information of any individual, including a patient, an insured, or health careprovider, shall remain confidential. 5. For purposes of this section:a. 'Health care provider' means the same as defined in section 10A.711, a hospital licensed pursuant to chapter 135B, or a health care facility licensed pursuant to chapter 135C. b. 'Insurer' means an insurance company authorized to transact insurance business in this state.

spital licensed pursuant to chapter 135B, or a health care facility licensed pursuant to chapter 135C. b. 'Insurer' means an insurance company authorized to transact insurance business in this state. 'Insurer' does not include a health care provider who maintains professionalliability insurance coverage through a self-insurance plan, an unauthorized insurancecompany transacting business with an insured person in this state, or a person not authorizedto transact insurance business in this state. 2006 Acts, ch 1128, §3; 2017 Acts, ch 29, §141; 2019 Acts, ch 59, §177Referred to in §135P.4Section not amended; internal reference change applied Sat Dec 23 00:38:41 2023 Iowa Code 2024, Section 505.27 (22, 1)