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Professional indemnity news

RSA stops insuring small solicitors

Insurance Times reports that RSA has decided not to provde cover to one and two-partner law firms, other than for renewals, and further that at least another insurer is considering withdrawing cover. While Pii Brokers are not in the forecasting business, this, together with other news and shift in the relationships between some of the insurers and brokers, might presage a bottoming in the prices for professional indemnity for solicitors and other firms in general.

posted 2008-07-10T15:11:22