Each insurance company licensed to do business in this state and engaged in writing malpractice insurance for naturopathic doctors registered under article 37.3 of title 12 shall send to the director of the division of professions and occupations in the department of regulatory agencies, in the form prescribedby the commissioner, information relating to each malpractice claim against a registered naturopathic doctor that is settled or in which judgment is rendered against the insured naturopathic doctor. The insurance company shall include any information the director determines necessary to enable the director to conduct a further investigation and hearing.