Tag Results

SRA rejects Law Society bid to extend indemnity run-off period by three years

The Solicitors Regulation Authority (SRA) has rejected a proposal by the Law Society to extend the additional indemnity run-off cover provided by the Solicitors Indemnity Fund (SIF) for a further three years until 2023.

December 12th, 2014 | No Comments »

Crash, bang, wallop

We should have seen it coming, really. The last two property crashes and the wave of claims against conveyancers they brought in their wake broke the system for solicitors’ professional indemnity insurance – first the master policy and then the Solicitors Indemnity Fund – and so here we are again contemplating radical reform.

December 9th, 2010 | 1 Comment »

New insurer enters market for small firms

A new insurer today entered the professional indemnity market for small law firms, having taken over the run-off claims-handling function of the Solicitors Indemnity Fund.

July 23rd, 2010 | No Comments »