The groups warned that PII is not meant to cover product failures or systemic collapses, and shouldn’t be the main backstop.

In December last year, Treasury announced it would consult on “opportunities to enhance the effectiveness of professional indemnity insurance”, aiming to lessen the reliance on the Compensation Scheme ...

LONDON, England, Aug. 26-- The Law Society issued the following news release: Solicitors renewing their professional indemnity insurance (PII) for the October deadline need to act now amid fears of a ...

Malpractice insurance, professional liability insurance (also called professional indemnity insurance), and errors and omissions (also called E&O insurance) are closely related. But what should you ...