Law Society calls for insurers to share liability claims on a fifty fifty basis
The Law Society is going to call on insurers to share liability for claims in the coming year on a fifty fifty basis rather than continue the scheme which is in place currently, which appears to...
View ArticleNew PI insurance app available to professionals and tradesmen on smartphones
An innovative new smartphone application specifically designed to secure professional indemnity insurance at the click of a button has been launched by an insurance broker recently and seems sure to...
View ArticleHeir searches need insurance cover
PK Underground UK recently reported that insurance companies have indicated that there has been an increase in claims from inheritors of estates who have not been found when research for potential...
View ArticleElite Insurance enters indemnity insurance market
One after-the-event insurer and legal expenses provider has changed its mind recently by announcing it will enter the professional indemnity insurance market in 2012. Elite Insurance stated in June...
View ArticleCountrywide faces unprecedented negligence litigation
Countrywide, the UK’s largest residential property broker, faced at least 38 cases of litigation against it last year alone for negligence related to surveying of properties in the housing boom era....
View ArticleFSA seeks PII details from advisers to Arch Cru
In a move that appears to have raised a few hackles amongst the IFAs, the City’s financial watchdog, the FSA, has asked those advisers that might have had liability in respect to the failure of CF Arch...
View ArticleProfessional indemnity insurers cut back on dodgy IFA business
The outcomes from current investment disasters have persuaded professional indemnity insurance providers to place restraints on the cover they offer to financial advisers. In some cases they are...
View ArticleCosmetic surgeons sued more often than for general surgery
The rising cost of legal action due to cosmetic surgery that has gone wrong is forcing anybody who is connected with the surgery to ensure they are properly covered by sufficient PI insurance. Some of...
View ArticlePI Insurance providers scale back IFA cover
Many professional indemnity insurance providers have begun to not only scale back the amount of business liability insurance cover they offer to IFAs but have even begun to refuse cover altogether,...
View ArticleGMAC loses case against surveyor’s negligence claim
The number of cases brought against surveyors of property for negligence, allegedly caused during the property boom era, has increased markedly over the last few years but not all of them are...
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