000 01030cam a2200205 4500
001 WB3929-12
008 030729n2003 000 0 eng u
035 _a(Sirsi) u123138
245 _aCall for OFT investigation over high premiums
260 _c2003
490 _aEstates Gazette
_v(0330) 26 July 2003, 15(1)
520 _aThere are calls for an Office of Fair Trading investigation over evidence of a fourfold increase in agents' professional indemnity insurance. A partner at Harvey Spack Field said that the premiums for their £6m cover had gone up to £120 000 from £30 000. Chairman of the RICS Commercial Property faculty Graham Chase argued that he had not seen evidence of fixing but of a lack of capacity. RICS would take this further if there was evidence on collusion and fixing of premiums.
590 _aWB
650 _aPROFESSIONAL INDEMNITY INSURANCE
650 _aOFFICE OF FAIR TRADING
650 _aHARVEY SPACK FIELD
650 _aCOMMERCIAL FACULTY
690 _aInsurance
_96249
942 _n0
999 _c73122
_d73122