4106

The insurers who participate in the open market, as well as the Syndicate shall submit to the Office of the Insurance Commissioner on the form required by him semiannual reports of each and every one of the malpractice claims, court resolutions, adjudications and judicial and extrajudicial transactions which are filed. This information shall be filed in the Office of the Insurance Commissioner on or before the month following the close of the previous semester. The Commissioner, in turn, shall remit a copy of said resolutions and adjudications and transactions, within thirty (30) days after having received them, to the Secretary of Health and the health service professionals board of examiners, as the case may be, to take whatever legal action is pertinent against the health service professionals or health care institutions. Failure to comply with this requirement shall be sanctioned by the Insurance Commissioner pursuant to the provisions of § 321 of this title.\nHistory —Ins. Code, added as § 41.060 on Dec. 30, 1986, No. 4, p. 869, § 1.