Indemnity insurance


Law Society’s “sympathy” with indemnity insurers’ frustrations

17 September 2020

The Law Society has expressed sympathy with professional indemnity insurers over their call for the right to cancel policies when solicitors do not pay the premium or excess.


PII underwriters warn solicitors after failing to change terms

3 September 2020

Indemnity insurers have warned solicitors that they will suffer the consequences of their regulator maintaining that policies cannot be cancelled for non-payment of premiums or excesses.


Second summary judgment issued against firm in three months

1 September 2020

The High Court has issued a second summary judgment ruling against EAD Solicitors arising from the alleged fraudulent activities of a businessman in collusion with a former partner of the Liverpool law firm.


Law Society warns firms of steep rise in insurance premiums

26 August 2020

Law firms are facing a 30% increase in their professional indemnity insurance this year, and even more for those with bad claims histories, the Law Society has warned.


Charities sue over senior partner’s theft from estates

4 August 2020

Multiple charities – including the Church of England – that claim they lost out after a senior partner stole millions from clients’ estates are suing her, her former partner, the firm and its insurer.


Appeal judges reject divorcee’s negligence claim

8 July 2020

The Court of Appeal has upheld a ruling that a negligence claim brought by a woman against her law firm over its work on her divorce was out of time.


Figures reveal low level of negligence claims against barristers

3 July 2020

The average barrister only makes one notification of a possible professional negligence claim every 20 years, figures from the Bar Mutual Indemnity Fund have revealed.


Solicitors Indemnity Fund to stay open for extra year

1 July 2020

The Solicitors Regulation Authority has agreed to extend by a year the use of the Solicitors Indemnity Fund to covers claims made after firms’ run-off cover expires.


Negligent advice warning over coronavirus jobs scheme

16 June 2020

Lawyers who advised clients on the Coronavirus Job Retention Scheme are at risk of claims as the government looks to claw back payments to which recipients were not entitled.


Judge: Investor who lost pension was not law firm’s client

5 June 2020

A man who lost his pension after investing in self-storage pods with disastrous results was not the client of the law firm who advised on it, a judge has held.

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Blog


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Reports


Report Cover
Our latest special report, produced in association with Temple Legal Protection, looks at the role of after-the-event (ATE) insurance in commercial litigation post-LASPO.

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