HLS 22RS-1877 ORIGINAL 2022 Regular Session HOUSE RESOLUTION NO. 182 BY REPRESENTATIVE JORDAN INSURANCE: Requests the Louisiana Supreme Court to study the costs and benefits of mandatory, legal professional liability coverage for attorneys in private practice in this state and to study the benefits of requiring attorneys to provide certain notification to the Louisiana State Bar Association 1 A RESOLUTION 2To urge and request the Louisiana Supreme Court to study the costs and benefits of 3 mandatory, legal professional liability coverage for attorneys in private practice in 4 this state and to study the benefits of requiring attorneys to provide notification to 5 the Louisiana State Bar Association as to whether the attorney has professional 6 liability coverage. 7 WHEREAS, legal professional liability insurance, also called legal malpractice 8insurance, provides coverage for attorneys in private practice in the event of claims of 9malpractice, negligence, errors, or perceived mistakes arising from the practice of law; and 10 WHEREAS, many professional liability insurance policies cover activities incidental 11to acting as an attorney, including but not limited to an attorney's role as a mediator, 12arbitrator, notary public, title agent, trustee or executor, or as an officer, director, or member 13of a professional organization; and 14 WHEREAS, such insurance policies can pay the costs to defend lawsuits as well as 15any settlements or judgments that arise from the suits; and 16 WHEREAS, even the most experienced attorneys are at risk of having a claim 17brought against them; and 18 WHEREAS, an attorney's coverage under a professional liability insurance policy 19can help to protect income and one's professional reputation, provide peace of mind, and 20attract and retain clients by building confidence and trust. Page 1 of 2 HLS 22RS-1877 ORIGINAL HR NO. 182 1 THEREFORE, BE IT RESOLVED that the House of Representatives of the 2Legislature of Louisiana does hereby urge and request the Louisiana Supreme Court to study 3the costs and benefits of mandatory, legal professional liability coverage for attorneys in 4private practice in this state and to study the benefits of requiring attorneys to provide 5notification to the Louisiana State Bar Association as to whether the attorney has 6professional liability coverage. 7 BE IT FURTHER RESOLVED that the House of Representatives requests the 8Louisiana Supreme Court to submit a report of its findings and recommendations from the 9study called for in this Resolution to the House Committee on Insurance and the David R. 10Poynter Legislative Research Library on or before February 1, 2023. 11 BE IT FURTHER RESOLVED that, in carrying out the purposes of this Resolution, 12the Louisiana Supreme Court may solicit input, recommendations, and advice from certain 13parties with relevant expertise including but not limited to the Louisiana State Bar 14Association, the Louisiana State Law Institute, and the Louisiana Department of Insurance. 15 BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the 16chief justice of the Louisiana Supreme Court. DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] HR 182 Original 2022 Regular Session Jordan Requests the La. Supreme Court to study the costs and benefits of mandatory, legal professional liability coverage for attorneys in private practice in this state and to study the benefits of requiring attorneys to provide notification to the La. State Bar Association as to whether the attorney has professional liability coverage. Requests a report of its findings from the study on or before Feb. 1, 2023. Page 2 of 2