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Insurance / reinsurance

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The average professional indemnity insurance (PII) premium is equivalent to 5% of a law firm’s annual turnover—but small firms pay more
The Solicitors Regulation Authority (SRA) has chosen London insurer PoloWorks as its delivery partner for managing the Solicitors Indemnity Fund (SIF), starting on 1 October. 
Professional indemnity insurance (PII) covers the loss of a fee paid to solicitors following a misrepresentation, the Court of Appeal has held.
Seven in ten (72%) firms have not purchased cyber insurance amid a hardening professional indemnity cover market overall, research has shown.
Businesses that suffered losses during the pandemic have won a landmark COVID-19 business interruption test case against insurers.
Legal expenses insurance can play a vital role in maintaining access to justice and should be promoted more, according to the Association of Consumer Support Organisations (ACSO).
The Law Commission has highlighted serious safety concerns surrounding driverless cars, and has called on the government to impose a ban on remotely driving a vehicle from overseas due to lack of enforcement powers.
The final rules for bringing the Solicitors Indemnity Fund (SIF) under the control of the Solicitors Regulation Authority (SRA) have been agreed.
The Law Commission has published advice to the government on how to regulate remote driving on UK roads. 
The Solicitors Regulation Authority (SRA) Board has finalised rules to bring the Solicitors Indemnity Fund (SIF) under control and guarantee consumer protection for post six-year negligence claims following a consultation which closed on 3 January 2023. 
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MOVERS & SHAKERS

Arc Pensions Law—Matthew Swynnerton

Arc Pensions Law—Matthew Swynnerton

Chair of the Association of Pension Lawyers joins as partner

Ampa Group—Kamal Chauhan

Ampa Group—Kamal Chauhan

Group names Shakespeare Martineau partner head of Sheffield office

Blake Morgan—four promotions

Blake Morgan—four promotions

Four legal directors promoted to partner across UK offices

NEWS

The abolition of assured shorthold tenancies and section 21 evictions marks the beginning of a ‘brave new world’ for England’s rental sector, writes Daniel Bacon of Seddons GSC

Stephen Gold’s latest Civil Way column rounds up a flurry of procedural and regulatory changes reshaping housing, alternative dispute resolution (ADR) and personal injury litigation
Patients are being systematically failed by an NHS complaints regime that is opaque, poorly enforced and often stacked against them, argues Charles Davey of The Barrister Group
A wealthy Russian divorce battle has produced a sharp warning about trying to challenge foreign nuptial agreements in the wrong English court. Writing in NLJ this week, Vanessa Friend and Robert Jackson of Hodge Jones & Allen examine Timokhin v Timokhina, where the High Court enforced Russian judgments arising from a prenuptial agreement despite arguments based on the landmark Radmacher decision
An obscure Victorian tort may be heading for an unexpected revival after a significant Privy Council ruling that could reshape liability for dangerous escapes, according to Richard Buckley, barrister and emeritus professor of law at the University of Reading
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