383.077. Reports of legal malpractice claims, contents.

Reports of legal malpractice claims, contents.

383.077. 1. Every insurer providing legal malpracticeinsurance to attorneys at law or a professional corporation dulyengaged in the practice of law in Missouri and all employees ofthe foregoing acting in the course and scope of their employmentshall submit a confidential report to the director on Januaryfirst of each year containing all claims for legal malpracticemade against any of its insureds during the precedingtwelve-month period.

2. The report shall be in writing and on a form prescribedby the director. One form shall be completed for each claim andthe form shall contain the following information relating to eachclaim:

(1) The insurer's claim number;

(2) The city population where the claim was made;

(3) How many lawyers are insured under the policy;

(4) How many years the insured had been in practice at thetime of the alleged act or omission;

(5) The type of law office of which the insured is a member;

(6) The relationship of the insured to the claimant;

(7) Whether the claim arose after the insured made anattempt to collect a fee;

(8) Whether the claim arose from an area of law normal tothe insured's practice;

(9) The month and year of the occurrence on which the claimwas based;

(10) The month and year when the claim was first reported tothe insurer;

(11) The area of law in which the insured was retained bythe claimant;

(12) The major activity in which the lawyer was engaged atthe time the alleged act or omission occurred;

(13) The alleged act or omission which was the mostsignificantly related to the cause of the claim being made;

(14) The reserve established for loss payment;

(15) The reserve established for loss expenses; and

(16) The amount of the insured's deductible.

3. The insurer shall, within six months of final dispositionof the claim, report to the director the final outcome of theclaim including any payments made.

(L. 1985 H.B. 657 & 337 § 2)