Nov 13, 2009
Texas Bar Considers Insurance Disclosure Rule for Lawyers
The State Bar of Texas last week concluded a series of seven public hearings focusing on whether lawyers should have to disclose if they have professional-liability insurance. A majority of the 67 speakers who testified at the hearings were of a like mind: They oppose such a rule. According to the American Bar Association, Oregon is the only state where professional-liability insurance is mandatory for lawyers, and there are 25 other states with rules requiring lawyers to disclose whether or not they have such coverage.