January 15, 2018
Contact: Paula Saha
Director of Communications
NEW BRUNSWICK - The association submitted comments on a Report of the Supreme Court Ad Hoc Committee on Attorney Malpractice Insurance. The association agreed with its recommendation to reject a mandatory malpractice insurance requirement, noting that the insurance marketplace would not be able to absorb the additional need, given that there are only five carriers writing policies in the state and the rates are higher than those in neighboring states.
The association did not agree that attorneys should be mandated to disclose whether they have malpractice insurance, given there is no evidence that the requirement is necessary or will resolve any demonstrated problem in connection with the ability of consumers to obtain quality legal services and to have recourse available to in the event of negligent representation.