Blog: Mishcon ruling won't set solicitors' PI premiums rising

house-repair

The case of Dreamvar v Mishcon de Reya and Mary Monson Solicitors centres on a fraudulent property deal and certainly caught the attention of both the media and professional indemnity underwriters. In practice, however, the court's findings - while perhaps unexpected - do not set a new precedent which is likely in itself to push up PI premiums for conveyancing lawyers. Instead, they reflect a potential source of claims that underwriters have already considered, and priced into Solicitors' PI