ARM 24.29.4336
ARM 24.29.4336. IN-HOUSE COUNSEL COST ALLOCATION
Cite as Mont. Admin. R. 24.29.4336
(1) Insurers that use the services of in-house counsel for assistance in handling Montana indemnity claims shall report the cost of that legal assistance.
(2) If the insurer does not separately track in-house legal costs on a per claim basis, the insurer shall report annually upon request by the department:
(a) the dollar amount that represents the following information about the cost of in-house legal staff:
(i) total compensation (salary and cost of benefits and employer contributions) of all attorneys who provide counsel on indemnity claims;
(ii) total compensation of support staff (such as secretaries, paralegals, and assistants) working for those attorneys; and
(iii) overhead costs attributable to the legal staff, such as a proportionate share of rent or building expense and administrative costs, such as payroll and accounting; and
(b) a percentage figure that reasonably approximates the percentage of time spent by the attorneys providing advice, counsel or representation on indemnity claims.