Solicitors’ PI rate rise on the horizon due to Covid-19
With the pandemic giving rise to a potential rise in claims for solicitors’ professional indemnity insurance, Paul Castellani the Forum of Insurance Lawyers (FOIL) and Kennedys’ partner tells Insurance Times why
Claims against solicitors could increase if there is an economic recession post-pandemic.
These claims against solicitors arising from the pandemic are twofold – claims arising from constraints caused by home working and those due to the Covid-19 induced economic recession.
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