Ky. R. Sup. Ct. 3.023

As amended through October 28, 2024

Rule SCR 3.023 - Disclosure of Professional Liability Insurance

1) On or before September 1 of each year, every active member of the Association shall certify to the Executive Director in such form and manner as the Board may designate:

a) Whether the member is engaged in the private practice of law;

b) If engaged in the private practice of law, whether the member is currently covered by a policy of professional liability insurance with minimum limits of $100,000.00 per claim and $300,000.00 aggregate for all claims during the policy term; and

c) Whether the member is exempt from the disclosure provisions of this Rule.

2) If any active member not exempt from the provisions of this Rule as provided in paragraph (5) fails to certify by October 1 of each year that the member is in compliance with this Rule, the member shall be assessed a late fee of fifty dollars ($50.00).

3) Each member who has previously reported being covered by professional liability insurance as set forth in paragraph 1(b) of this Rule shall notify the Executive Director in writing in such form and manner as the Board may designate within 30 days if the insurance policy providing coverage lapses, terminates, or is no longer in effect for any reason.

4) The information disclosed pursuant to this Rule will be made available to the public by such means as the Board may designate.

5) The following members are exempt from the disclosure provisions of this Rule:

a) Members who are employed by a government entity and who do not represent clients outside of that capacity; and

b) Members who are employed by an organization client and who do not represent clients outside of that capacity.

Ky. R. Sup. Ct. SCR 3.023

Amended by order 2022-11, eff. 4/1/2022; Adopted by order 2017-18, eff. 1/1/2018.