All PII articles – Page 10
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NewsSociety: don’t delay PII renewal
Around 95% of firms are expected to be working to the 1 October deadline.
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NewsSRA concedes defeat on PII change this year
Regulator accepts it cannot change minimum terms in time for this year’s renewal period.
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OpinionRegulator is bewitched by insurance mirage
Before stepping out into the unknown, perhaps the SRA should check the forecast.
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NewsPII decision held for up to 90 days
LSB had an initial 28-day period to assess the proposals, but the organisation has now extended that deadline.
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NewsProfessions line up to oppose PII reforms
LSB warned that premium savings will be minimal and lenders will cull conveyancing panels.
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NewsNationwide warns firms tempted by lower cover
Building society indicates that it will continue to require the current £2m minimum PII cover, despite SRA plans.
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NewsBalva policyholders given new hope of compensation
The Financial Services Compensation Scheme declared Balva to be ‘in default’ earlier this week.
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OpinionBrand at a premium
With PII, it is in no one’s interest to go shopping as the prices and goods are changed.
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FeaturePII Focus: Chancery Pii
Chancery Pii has acted on the concerns of smaller practices to offer a viable alternative in the 1-4 partner market.
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FeaturePII Focus: season of goodwill?
Regulation of professional indemnity may be in flux, but this year’s renewal market is expected to be benign.
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FeaturePII Focus: the Law Society
The chair of the Society’s PII committe runs through its agenda and explains why the profession has a ‘big question’ to answer.
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FeaturePII Focus: safety in a number
Every law firm needs to think about what level of cover it needs to ‘sleep at night’.
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FeaturePII Focus: SRA
The regulator is seeking to safeguard client protection while making cover more accessible and affordable.
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OpinionPII brokers: free pen please?
Proposal forms offer a great way for insurance brokers to obtain boundless information on solicitors.
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OpinionSummer doldrums in the EU
The transition between EU governments is painfully slow and this doesn’t help when issues need addressing urgently.
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NewsSociety turns to LSB after board clears cover reform
Minimum PII cover set to fall from £2m to £500,000, after SRA vote.
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NewsRegulator approves PII reform
SRA board says reduction in minimum cover to £500,000 would cut premiums by 5%.
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NewsPII changes threaten ‘solicitor brand’, says City society
City of London Law Society raises concerns about SRA plans to reduce minimum compulsory PII cover to £500,000.
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NewsConsumer watchdog raps PII reform plans
Panel cites ’weakness in the evidence base’ for cutting minimum cover.