To read the latest edition of Pi magazine from Howden, please click the image below An influx of capital into the insurance market and competition between insurers and brokers has driven down the cost of Read More
Cases and updates that affect professional indemnity insurance (PII). This is an integral safety net for legal professionals, so by ensuring you are aware of risks, fees and practical advice you can maintain the best protection. If there are any updates you’d like us to cover, please email press@todaysconveyancer.co.uk.
Research has indicated that the majority of firms experienced a smooth renewal of their Professional Indemnity Insurance (PII).Read More
Many firms, understandably, breathe a hefty sigh of relief once the renewal process is completed, sometimes forgetting that effective management of PI insurance is a year round process. Read More
Searches UK are delighted to continue to offer conveyancers and solicitors with reliable and expert indemnity policies through Indemnities UK, backed by First Title Insurance plc.Read More
The Mishcon case is not an isolated incident. Professional Indemnity (PI) Insurers have been hit repeatedly by similar claims.Read More
In the wake of Bovis Homes having to pay £7m in repair costs, new questions have been raised regarding the standard of new-build properties.Read More
Lawyers and advisers who enable tax evasion may be subject to harsher consequences following the introduction of tougher sanctions at the start of 2017.Read More
Home buyers from Taylor Wimpey have allegedly been failed by their conveyancing solicitors and are contemplating taking action, according to Leasehold Solutions. This is in regards to a failure of informing house buyers about the Read More
Society of Licensed Conveyancers chooses Stewart Title as preferred supplier
Stewart Title Ltd. is pleased to announce that the Society of Licensed Conveyancers (SLC) has selected Stewart Title as their preferred supplier of Title Indemnity products.Read More
The Solicitors Regulation Authority (SRA) has published analysis of professional indemnity insurance trends for law firms. The analysis will be used to inform the development of proposals for changes to minimum cover requirements. Data was Read More
Redbrick Solutions assists firms in securing affordable indemnity insurance
Despite up to a third of firms moving their renewal date since the liberalisation of the PII market three years ago, brokers are still expecting 90% of firms to need to renew on the traditional 1 October Read More
Tiuta International Ltd v De Villiers Surveyors Ltd [2016] EWCA Civ 661 (01 July 2016)Read More
A third of the former customers of a PI insurer declared insolvent by the Gibraltar Financial Services Commission are still without insurance, 28 days after the Commission made it’s ruling. The Solicitors Regulation Authority says Read More
Buyer expectations and seller limitations can be bridged using Warranty and Indemnity insuranceRead More
Don’t leave yourself without adequate cover during the excitement of a transactionRead More
Those firms that are due to renew their professional indemnity insurance from 1 October are reminded that it is better to start the process sooner rather than later. Two thirds of solicitor practices have policies that Read More
The CLC, the specialist property law regulator has today confirmed that it will reduce regulatory fees rates for firms by 20% with effect from 1st November 2016. The announcement follows a consultation on the proposed reduced rates Read More
Firms covered by the Gibraltar-based Enterprise Insurance Company Plc have until 22nd August to rearrange PII cover, after the firm was declared insolvent this week. A liquidator has now been appointed after the Gibraltar Financial Read More
The Legal Services Board (LSB) has approved the Council of Licensed Conveyancers (CLC) proposal for practices to move away from its Master Policy with an opt-out for Professional Indemnity Insurance to a more competitive open-market Read More
The Council for Licensed Conveyancers new indemnity insurance plans have been approved by the Legal Services Board. The new open market approach will see cover capped at £2 million in aggregate over six years per firm. Read More
- A reflection on National Conveyancing Week
- Market conditions, the material information debate, and normalising climate change
- Diary of a high street conveyancer: 25th March 2024
- Diary of a high street conveyancer: 18th March 2024
- Interview: Sarah Bent, Partner and Head of Residential Conveyancing at Hegarty’s
- National Conveyancing Week 2024 Special Episode – HMLR in Conversation
- Finders International: Streamlining Property Matters with Missing Freeholder Services
- Building Safety Act: A review of the Law Society Guidance
- Are We Forgetting The Homeowner?