Called to account.

Those insurers writing professional indemnity for accountants, have
become accustomed to an ever present soft market. However, the sector is
now having to contend with the problem of year 2000 coverage.

The four chartered accountants institutes covering the UK and Ireland have
sought to protect accountants by insisting that all insurers which offer
PI cover to their members can only apply year 2000 exclusions to the
policy after "due underwriting consideration".

In effect, this means that all

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