Indemnity Claim

[...] in England and Wales (ICAEW) were not under a duty to secure an “appropriate level” of indemnity insurance – a duty the SRA is proposing for solicitors. The regulator, strongly criticised by the [...]

[...] On May 30, Zacks Investment Research downgraded Global Indemnity Plc (GBLI) by a notch to a Zacks Rank #5 (Strong Sell). Why the Downgrade? Global Indemnity [...]

[...] On May 30, Zacks Investment Research downgraded Global Indemnity Plc ( GBLI ) by a notch to a Zacks Rank #5 (Strong Sell). Why the Downgrade? Global [...]

[...] Global Indemnity plc (GBLI) scaled a new 52-week high of $27.78 on Jun 9, 2014 and this was sustained till [...]

[...] Global Indemnity Plc (GBLI) reported operating earnings per share (EPS) of 35 cents for second-quarter 2014. [...]

[...] 14 July 2014 <!– –> BSB follows SRA in backing £500,000 indemnity limit for firms <!– Posted by –> BSB: keen to avoid “obstacle to smaller entities” The Bar [...]

[...] 18 July 2014 <!– –> ‘Accountants have £500,000 indemnity limit, so why can’t we?’ SRA asks LSB <!– Posted by –> SRA: over 99.9% of conveyancing [...]

[...] 30 July 2014 <!– –> Sole practitioners warn of “dire consequences” if indemnity limit is cut <!– Posted by –> SRA: “well meaning” indemnity reforms giving “ [...]

[...] Professional Risks Division director Peter Jones Ensure you determine the correct level of indemnity limit for your firm by considering all the work you have completed over the past six years. It’s [...]

[...] of open enrollment, they may be interested in alternative coverage options. While fixed-benefit indemnity plans do not provide comprehensive coverage, these products can provide consumers with a [...]

[...] of open enrollment, they may be interested in alternative coverage options. While fixed-benefit indemnity plans do not provide comprehensive coverage, these products can provide consumers with a [...]

[...] of open enrollment, they may be interested in alternative coverage options. While fixed-benefit indemnity plans do not provide comprehensive coverage, these products can provide consumers with a [...]

[...] that it did “not believe there is sufficient evidence at this stage that the professional indemnity insurance proposals will result in premium levels being reduced”. Under the plans, [...]

[...] firm’s premiums. By Nick Hilborne Tags: Law Society, Legal Services Consumer Panel, professional indemnity insurance, Solicitors Regulation Authority [...]

[...] LSB to reject the SRA’s application. By Nick Hilborne Tags: Legal Services Board, professional indemnity insurance, Solicitors Regulation Authority [...]

[...] cause a great deal of pressure for both solicitors and insurers seeking to renew professional indemnity insurance by the 1 October deadline. We agree that there are nonetheless important issues to [...]

[...] jurisdictions. “We’re not proud. We’ll learn from anyone.” The deadline is 30 September. By Nick Hilborne Tags: Indemnity insurance, Legal Services Board, Solicitors Regulation Authority [...]

[...] ; reports, and the lack of time to respond to the consultations, which close on 18 June. By Nick Hilborne Tags: CML, conveyancing, Council of Mortgage Lenders, professional indemnity insurance, [...]

[...] proposed reduction in compulsory cover would not significantly reduce firm’s premiums. By Nick Hilborne Tags: Law Society, Legal Services Consumer Panel, professional indemnity insurance, Solicitors [...]

[...] collective ownership. The BSB is unlikely to start regulating ABSs until next year. By Nick Hilborne Tags: bar standards board, entity regulation, professional indemnity insurance, Solicitors [...]

[...] Authority (SRA) attempts to address PII premium inequity via regulation, the Council of Mortgage Lenders (CML) has also entered the debate. In the case of the CML, its interest rests solely in [...]

[...] Regulation Authority goes ahead with its indemnity insurance reforms, the Council of Mortgage Lenders (CML) has warned. The CML also said that it did “not believe there is sufficient [...]

[...] that the indemnity reforms could “destroy high street conveyancing” while the Council of Mortgage Lenders said lenders would cut their conveyancing panels or use non-solicitor services. The panel [...]

[...] have been criticised not only by the consumer panel, but by the Law Society, Council of Mortgage Lenders, Association of British Insurers and individual insurance companies. However, it emerged [...]

[...] in premiums do not materialise.” By Nick Hilborne Tags: Association of Britsh Insurers, Legal Services Board, Solicitors Regulation Authority [...]

[...] others for agreeing to cut its minimum compulsory cover limit from £2m to £500,000. The Legal Services Board will have the final say and could still block the move. However, launching its [...]

[...] would fall within new limit The Solicitors Regulation Authority (SRA) has reminded the Legal Services Board (LSB) of its decision to allow accountancy firms wanting to carry out legal work to have [...]

[...] : CML, conveyancing, Council of Mortgage Lenders, professional indemnity insurance, Solicitors Regulation Authority, SRA [...]

[...] to approve plans to cut the minimum indemnity limit for law firms, which meant the Solicitors Regulation Authority was unable to implement it this year. Clive Sutton, honorary secretary of the Sole [...]

[...] Tags: Law Society, Legal Services Consumer Panel, professional indemnity insurance, Solicitors Regulation Authority [...]

[...] Tags: bar standards board, entity regulation, professional indemnity insurance, Solicitors Regulation Authority [...]

[...] would not significantly reduce firm’s premiums. By Nick Hilborne Tags: Law Society, Legal Services Consumer Panel, professional indemnity insurance, Solicitors Regulation Authority [...]

[...] SRA has come under fire from the Law Society, Association of British Insurers, Legal Services Consumer Panel and others for agreeing to cut its minimum compulsory cover limit from £2m to £ [...]

[...] the SRA is proposing for solicitors. The regulator, strongly criticised by the Legal Services Consumer Panel over its indemnity plans, said the panel had not objected to the ICAEW’s £500, [...]