All PII articles – Page 4
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NewsFirms told to brace themselves for October PII hike
A hardening market combined with Covid-19 could mean an expensive renewal bill.
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FeatureIf you have a 1 October PII renewal date, act now
Chair of the Law Society’s Professional Indemnity Insurance Committee issues an important warning to solicitors.
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NewsSIF extended: Claims lifeline for closed firms given one-year reprieve
SRA bows to pressure to extend the Solicitors Indemnity Fund.
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NewsSRA under pressure to extend SIF cover past 2020
Fund due to be closed down this year, but Law Society says insurance market not responding to help firms.
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NewsSRA offers extra 90-day window to firms suffering PII crisis
Firms can try to negotiate an extra policy period with their insurers in order to secure cover.
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FeatureRunning for cover
With premiums on the up and income in freefall, the Gazette assembles a panel of brokers and solicitors for insights and advice on professional indemnity insurance. Maria Shahid reports.
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NewsSole practitioners ‘alive and well’ despite lockdown, says SPG
Representative group wants adjustments to grant threshold and reduction in PII premiums.
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NewsSRA offers little leeway for firms struggling to renew PII
Guidance states that firms with no cover must enter 90-day final countdown.
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NewsScheme steps in to protect solicitors covered by failed insurer
CBL Insurance Europe DAC was declared in default last month and is being liquidated.
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NewsCommercial lawyer one of the first to take up freelance status
Jo Rayner says her status can give her flexibility she needs as SRA reforms start to take effect.
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NewsBroker steps in to offer freelance solicitors a PII solution
There has been concern few insurers would be willing to commit to an uncertain market.
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NewsSRA abandons five-year quest to slash minimum PII cover
Regulator announces that its latest proposals to reform indemnity insurance were 'unlikely to deliver benefits for firms and clients'.
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FeatureProfessional indemnity insurance: have you notified all claims?
You must notify your current insurer of any outstanding claims before policies expire.
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NewsFirms face last-minute scramble for affordable PII
Insurers are pulling out of the market and substantial premium increases have been reported.
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FeatureInsight: Making crime - and civil law - pay
Tikit is a leading provider of innovative and specialist technology to the Legal and Professional services sector.
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FeatureChoppy waters
After several years of calm, the professional indemnity insurance market is suddenly looking turbulent. Melanie Newman reports
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NewsSolicitors’ fury as insurer abruptly quits PII market
Insurer intermediary Aon notifies small firms that Lloyd’s has refused to underwrite its Maven MGA facility.
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FeatureDashing for cover
Law firms are responding to reports of a harder market for indemnity cover in 2019. Eduardo Reyes canvasses solicitors and brokers for their latest take on renewal conditions.
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FeatureClient protections must not be compromised
Professional indemnity insurance is getting dearer.
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NewsLSB backs freelance solicitors practising with no insurance cover
Law Society fumes at 'lax approach' to regulation by body supposed to provide oversight.