§ 23-61-114 - Annual report regarding malpractice rates. - Arkansas Statutes

23-61-114. Annual report regarding malpractice rates.

(a) The Insurance Commissioner shall conduct an annual study of malpractice insurance rates in Arkansas and report the findings to the Legislative Council and the chairs of both the House Interim Committee on Insurance and Commerce and the Senate Interim Committee on Insurance and Commerce.

(b) The study shall include:

(1) Any findings regarding any changes in medical malpractice rates;

(2) Any other finding that is relevant to malpractice insurance rates; and

(3) Any recommendations in respect to any law relating to medical malpractice insurance.

(c) The report shall be submitted no later than August 1 subsequent to the year studied.