690B.260 - Physicians and osteopathic physicians: Reports to Commissioner and licensing boards.
690B.260 Physicians and osteopathic physicians: Reports to Commissioner and licensing boards.
1. Each insurer which issues a policy of insurance covering the liability of a physician licensed under chapter 630 of NRS or an osteopathic physician licensed under chapter 633 of NRS for a breach of his or her professional duty toward a patient shall, within 45 days after the end of a calendar quarter, submit a report to the Commissioner concerning each claim that was closed during that calendar quarter under such a policy of insurance issued by the insurer and any change during that calendar quarter to any claim under such a policy of insurance issued by the insurer that was closed during a previous calendar quarter. The report must include, without limitation:
(a) The name and address of the claimant and the insured under each policy;
(b) A statement setting forth the circumstances of that case;
(c) Information indicating whether any payment was made on a claim and the amount of the payment, if any; and
(d) The information specified in subsection 2 of NRS 679B.144 for each claim.
2. An insurer who fails to comply with the provisions of subsection 1 is subject to the imposition of an administrative fine pursuant to NRS 679B.460.
3. The Commissioner shall, within 30 days after receiving a report from an insurer pursuant to this section, submit a report to the Board of Medical Examiners or the State Board of Osteopathic Medicine, as applicable, setting forth the information provided to the Commissioner by the insurer pursuant to this section.
(Added to NRS by 1977, 621; A 1987, 735; 2002 Special Session, 24; 2003, 3317, 3481; 2007, 3327)