Nevada Revised Statutes Section 690B.260 - Insurance

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 professional duty toward a patient shall, within 45 days after a claim is closed under the policy, submit a report to the Commissioner concerning the claim. The report must include, without limitation:

(a) The name and address of the claimant and the insured under the policy;

(b) A statement setting forth the circumstances of the case;

(c) Information indicating whether any payment was made on the claim and the amount of the payment, if any; and

(d) The information specified in subsection 2 of NRS 679B.144.

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.

Last modified: February 27, 2006