(A) (1) On or before the tenth day of each month, every adjuster investigating or settling any claim for loss or damage from fire, lightning or explosions to insured property in the city shall report in writing to the Fire Department of the city all settlements of the claims made during the previous calendar month.
(2) It shall be the duty of the insurer either to cause the adjuster to make the report or to make the report itself.
(B) The report shall state the location of the property damaged or lost, the date of the loss or damage, the owner, the amount or amounts paid, and the person or persons to whom paid.