All PII articles
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FeatureLife of PII
Negligence claims are rising, but most firms are currently enjoying favourable indemnity premiums in what is a notoriously volatile insurance market. Maria Shahid finds out why – and how long such benign conditions are expected to last.
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NewsCyber attacks hindered rescue of stricken Birmingham firm
Glaisyers LLP was living hand-to-mouth after insurance costs spiralled, administrators' report reveals.
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NewsATE insurers seek to pass on £56m liabilities of failed claims
Trial due to begin later this year amid fallout from collapse of Pure Legal and High Street Solicitors.
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FeaturePII roundtable: Soft sell
With the PII market still benign, solicitors can focus their energy on how best to present themselves to insurers as a good risk. Eduardo Reyes and Rachel Rothwell report from the latest Gazette roundtable discussion.
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FeatureIn brief: Solicitors PII market 2024-25
It was a positive year for firms that renewed their insurance in 2024, with rate reductions that accelerated as the year progressed. (Sponsored content.)
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FeatureMarking time
In its 200th year, the Law Society has been collecting accounts of solicitor contributions to the public good across England and Wales.
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FeatureTaking shelter
Dire predictions of a mass exodus of insurers appear wide of the mark, reports Eduardo Reyes. For many firms, the PII market is at its most benign for years.
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NewsInsurers willing to bend as PII market favours solicitors
Broker says more insurers are in the market, creating more choice for firms.
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NewsFirm floored by 238% hike in indemnity insurance bill
Premium increase wiped out profits at West Midlands firm which was already facing challenges.
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FeatureDouble indemnity
Greater choice is driving a more competitive PII renewal round. Eduardo Reyes reports from the latest Gazette roundtable discussion.
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NewsGreater competition between insurers softens PII market
Number of firms having to close due to difficulties in obtaining professional indemnity insurance has fallen.
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NewsPII research finds small firms clobbered by higher premiums
Smaller practices may be seen as higher risk and are victims of market structures.
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FeatureDo you know your practice?
The professional indemnity market for solicitors is being shaped by concerns over conveyancing, financial stability and a regulatory focus on wellbeing. Fortunately there is greater stability in prospect.
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FeatureProperty and PII: How does it or how could it affect your firm?
Law firms should question if the property work they are doing is producing the expected benefits.
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NewsFinal Metamorph domino falls as 'revolution' peters out
Parrott & Coales forced to give up survival fight after failing to secure PII insurance.
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OpinionPII charted
Law Society’s most extensive and detailed survey of PII trends since 2018 is a must-read.
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NewsPII trends: seven in 10 firms still lack cyber-insurance
First Law Society survey of professional indemnity insurance since 2018 also tracks huge increase in premiums as market hardened.
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NewsNews focus: trends in professional indemnity insurance 2023 - main findings
New Law Society research on PII trends is required reading for law firms that want to keep premiums in check. The market has eased, but small firms in particular still find the process difficult.
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NewsSIF rule changes rubber-stamped but concerns linger about viability
SRA will consult on compulsory levy if safety net requires extra funds.