Insurance / reinsurance

The Law Society has published a guide relating to the closure of the Solicitors Indemnity Fund (SIF), which will stop accepting new claims after 30 September 2022

Legal expenses insurance is rarely used by consumers and should be more widely promoted as a solution to unmet legal needs, the Legal Services Board (LSB) has said

An innovative mentoring project for the insurance claims sphere has been launched by law firm DAC Beachcroft (DACB) and global insurer, Markel Insurance

Responding to HMRC’s consultation on raising standards in the tax advice market, the Law Society supports the principle of mandatory professional indemnity insurance (PII) for anyone who provides tax advice, so long as the new regime does not create additional burdens for regulated professionals who are already subject to minimum PII requirements.

The Solicitors Regulation Authority (SRA) has announced the extension of the Solicitors Indemnity Fund (SIF) for a further year.

Law firms paid an average of 30% more for their professional indemnity insurance (PII) renewal this spring, according to a report, ‘Solicitors Season Review’, by Lockton Solicitors last month. 

The closure of the Solicitors indemnity Fund (SIF) should not be treated as a fait accompli, solicitor (non-practising) Andrew Stovin writes in this week’s NLJ.

Retired solicitors could be left out in the cold with the closure of the Solicitors Indemnity Fund, as Andrew Stovin explains

The legal & regulatory landscape surrounding automated vehicles is taking shape: David Mason considers the questions still to be answered

DAC Beachcroft has become the first law firm member of ClimateWise, a global insurance industry collaboration committed to reducing the impact of climate change on society.