Professional indemnity (PI)
Legal Ombudsman: Open for business
As the Legal Ombudsman replaces the Legal Complaints Service, Michelle Garlick looks at the differences between the schemes.
Law report: Dismissed appeal aids solicitors acting on behalf of insurers
This law report has been contributed by national law firm Berrymans Lace Mawer.
Aon applauds solicitors' renewal rate
Aon received nearly four times the number of professional indemnity proposals from solicitors at the beginning of August than the same time last year.
Law firms continue to trade without PI insurance claims broker
A significant number of law firms closed their doors ahead of the 1 October professional indemnity insurance renewal deadline rather than face the high cost of premiums, according to a legal expert.
Professionalism indemnity - Estate agents & surveyors: Free agents
Estate agents seem to be enjoying a stable professional indemnity environment, despite the housing market crisis. Jane Bernstein explains why.
Canopius announces changes to PI strategy
Canopius Group has announced it is to focus its professional indemnity underwriting strategy on smaller UK organisations.
Solicitors' PI numbers stable
The number of law firms without solicitors' professional indemnity cover has remained stable due to competition among qualifying insurers, XL Insurance has claimed.
Environmental liability - under-insurance: Clean up your act
Environmental insurance is regularly purchased by companies looking to cover historical liabilities rather than their day-to-day operational risks. Tony Lennon examines the reasons behind this decision.
Health reforms must not leave indemnity gap, MDU says
The Medical Defence Union has stressed that GPs will need to ensure they are “adequately and appropriately” indemnified for the changes arising from the extension of commissioning proposed by a recent white paper.
SRA reports ARP applications slightly down on solicitors' PI renewal day
Some 409 firms applied to enter the assigned risks pool on 1 October, the deadline for professional indemnity insurance renewal, according to figures released by the Solicitors Regulation Authority.
RSA warns small businesses over insufficient cover
RSA has fired a warning to small businesses about the key areas of insurance cover.
AM Best commentary: Keeping the balls in the air
While hardly a vintage year for the general insurance sector, 2009 did see an overall improvement due to investment earnings - but, says Catherine Thomas this year is unlikely to match up.
Law Society launches PI support scheme
The Law Society has unveiled a new facility to help law firms which are struggling to renew their professional indemnity insurance.
Legal: Deafening whispers
Potentially massive claims related to financial products and major economic events such as the Madoff case and the collapse of Lehman Brothers indicate that reinsurance should brace itself for an upturn in disputes, writes Michael Lum
Insurance-linked transactions: Trigger happy
Eduard Held discusses trigger types and how they are being used by the reinsurance industry.
Solicitors' PI: The road to reform
In recent times, the solicitors' professional indemnity market has been travelling a difficult path. Jane Bernstein examines the road ahead by taking a close look at proposed industry changes and the effect they may have.
Solicitors' PI - regulation: Making the grade
The imminent regulatory sea change in the legal profession offers the ideal opportunity to tackle the unpalatable issue of the assigned risks pool once and for all, asserts Tim Oliver. Sorting the wheat from the chaff early on would benefit all.
Solicitors' PI - block policies: Safety in numbers
Smaller legal firms can find it difficult getting professional indemnity cover in the midst of an economic downturn, but could there be a lifeline? Christopher Rooke takes a look at block policies and the advantages they can offer.
Broker event to be repeated
Leeds-based Henderson Insurance Brokers has attracted 35 insurers to its inaugural conference and plans to make it an annual event.
St Mary launches new PI offering
St Mary Underwriting has launched a new facility for solicitors’ professional indemnity insurance aimed at small- to medium-sized solicitor firms.
Six months on: clarification on Quinn in UK
Quinn Insurance's future as a commercial lines insurance provider in the UK is expected to become clearer by the end of the week, Post understands.
Insurers show hands over PI renewals
RSA has confirmed it has closed its doors to new clients looking for solicitors' professional indemnity insurance.
HCC appoints PI senior underwriter
HCC International has announced the appointment of John Booth to its professional indemnity division, as a senior underwriter.
MGA Ink to target small solicitor firms with new PI facility
Ink Underwriting Agencies and St Giles Legal and Professional Risks have joined forces to target what they describe as the "troubled solicitors insurance market".