Professional indemnity (PI)

Appeal court's 'landmark decision' alleviates PI market pressure

The Court of Appeal’s decision to rule against the right of claimants to accept a pay-out awarded by the Financial Ombudsman Service before suing for the balance of loss in court will boost the embattled professional indemnity market, according to law…

SRA kicks off unrated insurer consultation

The Solicitors Regulation Authority has formally opened an eight week consultation on barring unrated insurers from providing professional indemnity cover to regulated firms.

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