Professional insurance about public interest (Guest Commentary)

Mandatory requirement not so much an authority to be exercised but an obligation
By Claude Balthazard
|Canadian HR Reporter|Last Updated: 08/14/2012

Since June 1, 2009, all members of the Human Resources Professionals Association (HRPA) who provide HR services as independent practitioners, whether full time or part time, must carry professional liability insurance. The requirement is in the HRPA Rules of Professional Conduct that all members must agree to abide by as a condition of membership.

How did this requirement come about? One could argue it is in the best interest of professionals in independent practice to carry such insurance — the costs of settling any claim would be a serious setback for most professionals.

The counter to this, of course, is professionals in independent practice do not like to be told they have to buy this insurance because they believe they should be able to decide whether such insurance is necessary.