Up to 175 firms at risk of closure after failing to secure indemnity cover
A total of 185 firms have applied to the Solicitors Regulation Authority (SRA) for the extended indemnity period (EIP) of insurance having failed to secure professional indemnity insurance (PII) cover by the regulator’s 1 October deadline. Of those 185 firms, 10 have since secured cover, leaving a total of 175 that are now scrabbling to […]