TITLE 33. INSURANCE AND INSURANCE COMPANIES

CHAPTER 23. CASUALTY INSURANCE

Part 5. Medical Malpractice Insurance Joint Underwriting Association

Authority To Issue Policies

33-23-509. Authority to issue policies. The association may:

(1) subject to limits specified in the association's plan of operation, but not to exceed $2 million for each claimant under one policy and $4 million for all claimants under one policy in any 1 year, issue or cause to be issued policies of medical malpractice insurance to applicants, including incidental coverages;

(2) underwrite the medical malpractice insurance and assume reinsurance from its members; and

(3) cede reinsurance.

History: En. Sec. 6, Ch. 475, L. 2005.