Professional negligence and PI insurance [electronic resource]
Fogarty, Siobhan
Professional negligence and PI insurance [electronic resource] - 2009 - RICS Feature 30 October 2009 .
Professional negligence cases against RICS members are rising. Most are brought by lenders trying to stem losses as the recession precipitates a wave of defaults and refinancing. The increase in claims is impacting on surveyors' ability to purchase professional indemnity (PI) insurance. This article examines the effects of this situation, and recommends action that can be taken to help protect businesses.
United Kingdom--
Professional negligence and PI insurance [electronic resource] - 2009 - RICS Feature 30 October 2009 .
Professional negligence cases against RICS members are rising. Most are brought by lenders trying to stem losses as the recession precipitates a wave of defaults and refinancing. The increase in claims is impacting on surveyors' ability to purchase professional indemnity (PI) insurance. This article examines the effects of this situation, and recommends action that can be taken to help protect businesses.
United Kingdom--