TITLE

Opinion: High price of cheap PI cover

PUB. DATE
July 2013
SOURCE
Lawyer (Online Edition);7/1/2013, p25
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
The author offers insights on the run-off cover provided by compensation funds to firms that have been forced to close as a result of the insolvency of their professional indemnity (PI) insurer. According to the author, consumer-focused financial protection is at the center of this issue. He argues that the minimum terms of PI insurance to be carried out is biased in favor of the consumer.
ACCESSION #
88913213

 

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