All PII articles – Page 5
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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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FeatureChoppy waters
After several years of calm, the professional indemnity insurance market is suddenly looking turbulent. Melanie Newman reports
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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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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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NewsLSB backs freelance solicitors practising with no insurance cover
Law Society fumes at 'lax approach' to regulation by body supposed to provide oversight.
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NewsBig firms worst hit as insurance market hardens
Professional indemnity insurance bills up by more than a third at some firms in latest renewal period.
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News'No rationale' for 'patchy' protections under freelance solicitors, says watchdog
Consumer panel says SRA has gone back on its pledges to ensure clients would be properly protected.
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NewsSolicitors' relief at Raleys judgment on professional negligence
Court of Appeal ruling that a firm which admitted breach of duty was liable for ‘loss of chance’ damages to a client was overturned by the Supreme Court.
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NewsControversial £500,000 PII limit plan kicked into long grass
SRA set to prioritise changes to the compensation fund as big claims expected to put pressure on reserves.
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NewsRevealed: Liverpool firm sunk by £15m claims linked to employee transactions
Documents also reveal Simpson Millar will pay no more than £2.6m for defunct EAD Solicitors.
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OpinionDon't panic: drama but no crisis in PII market
Two high-profile departures are not ideal, but appear to reflect a localised problem. Law firms must take stock though.
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NewsBroker pledges PII product based on firms' long term history
New analytics tools allow Marsh to tailor how it calculates risk of each client.
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FeatureSpecial Focus PII: Brokers' tips
How to get the best deal on professional indemnity insurance.
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FeatureTake cover
Regulators do not aim to be popular, but feedback on the SRA’s reheated proposals for reform of professional indemnity insurance could herald a newly volatile market.
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