Indemnity | Solicitors Journal

Indemnity

Balva wound-up over capital adequacy concerns

News

18 June 2013

Decision does not yet amount to an 'insolvency event' under SRA rules that would force firms to seek alternative cover within four weeks

Fresh concerns over unrated insurers after Balva suspension

News

18 June 2013

Transfer to another unrated insurer has 'destabilising effects'

PII Focus | Conveyancing: lender claims set to rise further

Feature

14 June 2013

As renewal season looms for professional indemnity insurance (PII), solicitors firms can expect a difficult and nervous time In the past year large numbers of post credit crunch lender claims against conveyancing firms have finally come home to...

PII Focus | The big insurance renewal: small firms reliant on unrated insurers will face a difficult task

Feature

14 June 2013

This year will be the last in the past 40 years where firms will have to renew compulsory professional indemnity at a set date, but unease over unrated insurers and the general rise in risk in the market make it one of the most challenging, says...

PII Focus | The broker’s perspective: ‘fail to prepare and prepare to fail’

Feature

14 June 2013

The past few years have been difficult for most law firms Many have seen a significant drop in fee income as a result of the continuing economic difficulties and the introduction of the Jackson reforms, legal aid changes and changes in the...

PII Focus | The solicitors market: an attractive proposition for insurers from October

Feature

14 June 2013

2012 saw the rise of the unrated insurer. It was an unhappy experience for a number of firms, as indemnity partners all over the country became experts in the eligibility criteria for the Financial Services Compensation Scheme. The Law Society...

PII Focus | What can the market expect this year?

Feature

14 June 2013

Solicitors Journal asks brokers, barristers, experts and solicitors what they expect from professional indemnity after June renewals The expert: 'lender claims will tail off' This year's solicitors' renewal exercise will be...