Solicitors' PI - Running on fumes
Mairi Mallon speaks to worldwide industry figures about the state of the Solicitors' PI market, who confirm that it is definitely poised for change - and aptly described as currently 'running on fumes'
Next year is expected to be the crunch year for solicitors'/attorneys' professional indemnity (PI) cover because if rates keep dropping, this line of business will make no profit for insurance
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