PI insurers gear up for fight over mis-selling compensation claims.
Brokers and IFAs worried about whether their professional indemnity insurance will cover compensatio...
Brokers and IFAs worried about whether their professional indemnityinsurance will cover compensation payouts as a result of Phase 2 of the
Pensions Review were given some reassurance last month following a test
case in the Commercial Court.
Following the rejection of PI claims to cover compensation payouts made by
J Rothschild Assurance under the Pensions Review, Mr Justice Ricks ruled
that JRA had given valid notification of the claims. He also ruled that
compensation paid to investors, who
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