389 Notice to medical malpractice insurance carriers; Pennsylvania medical malpractice data call (Act 13 of 2002 Data Call); rate filing

Notice to Medical Malpractice Insurance Carriers; Pennsylvania Medical Malpractice Data Call (Act 13 of 2002 Data Call); Rate Filing

[35 Pa.B. 1489]

   Each insurer (that is, licensed insurance carrier, risk retention group and excess and surplus lines carrier) providing medical professional liability insurance in this Commonwealth is required to file loss data as required by the Insurance Commissioner under section 745 of the Medical Care Availability and Reduction of Error (MCARE) Act (40 P. S. § 1303.745). This data will be used to study the availability of additional basic coverage capacity in this Commonwealth's medical malpractice marketplace as well as to estimate the total change in medical professional liability loss costs resulting from implementation of the act.

   Each insurer providing medical professional liability insurance in this Commonwealth is required to file the data by April 1, 2005.

   On February 14, 2005, a letter was mailed by the Insurance Department (Department) instructing medical malpractice insurers to submit data as outlined in that letter.

   Consistent with other data calls, the Department will consider the data submitted as proprietary and handle it accordingly.

   All insurers having positive direct premiums written for 2003 must submit data in response to Part I of this data call. The Department identifies these insurers in Exhibit 2. Only the top 20 medical malpractice insurers in this Commonwealth, based upon direct premiums written reported to the National Association of Insurance Commissioners for calendar year 2003, must submit data in response to Part II of this data call. The Department identifies these insurers in Exhibit 3. The data call letter, exhibits and data formats are available on the Department's website: www.ins.state.pa.us.

   Medical malpractice insurers who have not received a letter should contact Brenna Murphy, Insurance Department, Office of Insurance Product Regulation and Market Enforcement, 1311 Strawberry Square, Harrisburg, PA 17120, [phone], [e-mail].

M. DIANE KOKEN,   
Insurance Commissioner

[Pa.B. Doc. No. 05-389. Filed for public inspection February 25, 2005, 9:00 a.m.]