All PII articles – Page 5
-
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.
-
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.
-
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.
-
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.
-
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.
-
-
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.
-
NewsBroker pledges PII product based on firms' long term history
New analytics tools allow Marsh to tailor how it calculates risk of each client.
-
-
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.
-
FeatureSpecial Focus PII: Brokers' tips
How to get the best deal on professional indemnity insurance.
-
-
-
-
NewsYour indemnity insurance reforms won't work, insurers tell the SRA
Association of British Insurers suggests changes may even be counter-productive.
-
NewsBenefits of reduced PII cover 'illusory', says City group
Representative group joins chorus of opposition to SRA plans to reduce minimum indemnity insurance cover.
-
News
‘No evidence’ insurance reform will slash indemnity premiums
Clients and law firms will both suffer if the Solicitors Regulation Authority pushes through reductions in minimum insurance cover, the Law Society has warned. Regulators want to reduce the minimum indemnity threshold from the current £2m, to between £1m for conveyancing firms and £500,000 for all others. The SRA, which ...
-
FeatureRoundtable: Breaking cover
Despite a long-benign market, regulators appear determined to push through controversial reforms of professional indemnity insurance. Premiums are unlikely to fall but clients and solicitors will be exposed to grievous new risks, hears the Gazette’s latest roundtable.
-
NewsLaw Society hits out at regulator's 'demolition' of client protections
Chancery Lane says plans outlined in SRA consultation on indemnity insurance and the compensation fund are ‘utterly misguided’.
-
OpinionWhy there’s nothing wrong in gold-plating trust in solicitors
Consumers should not be driven away by expensive rules, but don’t underestimate the lure of reassurance.