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Renewal analysis - Restore and renew

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While solicitors traditionally leave their professional indemnity insurance renewals until the last minute in order to negotiate the best price, the fallout from the credit crunch and greater insurer selectivity mean leaving it late this year has left many firms' PI in the balance. Louise Meeson reports

The current economic climate meant this year's renewals season for solicitors' professional indemnity insurance was always going to be challenging. This, combined with a number of carriers withdrawing

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