Stability comes to solicitors’ PI market amid insurer ‘shift in attitude’: Miller
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Stability comes to solicitors’ PI market amid insurer ‘shift in attitude’: Miller

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Rate increases were “much less severe” in the solicitors’ professional indemnity market at the key 1 October renewals, as a “shift in attitude” from insurers led to them looking to grow their books, according to Miller.

The broker said rate falls were “rare” but there were “true signs of stabilising” following a period characterised by “extreme pricing”.

Miller

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