Thursday, August 03, 2006

Professional Liability Insurance

An article from discusses the proposal in Mass. to require attorneys to disclose whether or not they carry professional liability (malpractice) insurance. According to the article, only one state (OR) requires the insurance but several others require an attorney to disclose if he/she doesn't carry it.

New York is currently not a disclosure state, but I imagine it isn't too far in the future. It would be nice, though, if the Powers That Be took steps to make coverage more affordable to the small firm/solo with any step toward a (tacit or literal) requirement.


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