Disagreements over runoff cover set to push up PI premiums for property and probate lawyers
The Council for Licensed Conveyancers’ decision to maintain integrated runoff cover as part of its professional indemnity insurance requirements for the firms it regulates will push up premiums, brokers have told Post.
The CLC, which regulates property and probate lawyers, announced new insurance rules last month following a consultation. These are now subject to approval by the Legal Services Board.
Among the
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