Legal groups to fight Travelers PI refusal
The Law Society and the Solicitors Regulation Authority are to take on insurer Travelers over its aggregating of fraud claims and subsequent capping of a solicitors’ professional indemnity insurance policy.
Travelers aggregated a solicitor's individual fraud and capped its payout at £2m when the total costs could be £50m. The firm went bust and other solicitors in the practice have been bankrupted as a
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