Resolution to create a select committee to conduct a study of the circumstances surrounding both product liability and professional liability insurance rate increases, and of any other product and professional liability insurance coverage issues the committee shall determine.

Creates a 12 member select committee to conduct an investigation of the circumstances surrounding both product liability and professional liability insurance rate increases and any related issues the committee shall determine. Directs the committee to report to the House as soon as practicable during the present Congress the results of its investigation, together with such recommendations as it deems advisable.