Section 284-24D-120 - When is the primary insuring entity responsible for reporting closed claims to the commissioner?Primary insuring entities are principally responsible for reporting closed claim data required under chapter 48.140 RCW and this chapter to the commissioner.
(1) The primary insuring entity must report the total amounts paid to settle the claim, including any claim payments or ALAE payments made by: (a) A facility or provider;(b) An excess insuring entity; or(c) Any other person or entity on behalf of the provider.(2) Facilities or providers insured by the primary insuring entity must cooperate and assist the primary insuring entity in the reporting process.(3) If a primary insuring entity and one or more excess insuring entities combine to pay a claim: (a) The primary insuring entity must report all paid indemnity and allocated loss adjustment expense; and(b) The excess insuring entity must cooperate and assist the primary insuring entity in the reporting process.Wash. Admin. Code § 284-24D-120
Statutory Authority: RCW 48.02.060, 48.140.060, and 7.70.140. 07-12-057 (Matter No. R 2006-02), § 284-24D-120, filed 6/4/07, effective 7/22/07.