Blog: Loss adjusters and loss assessors face enhanced professional indemnity risk after BI test case verdict
Professional indemnity claims against loss adjusters are rare, and against loss assessors they are even rarer, but there is a cauldron brewing following the business interruption test case, Trafalgar Risk Management head of marketing Bill Lumley cautions.
In the Financial Conduct Authority’s business interruption test case in January this year the Supreme Court ruled that many BI claims in respect of Covid-19 should be honoured, lumbering insurers with
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