Law Society launches scheme to deliver PII help

first_imgThe Law Society’s professional indemnity insurance helpline is braced for a surge in calls from firms looking to secure cover before the 1 October renewal deadline. To assist those firms having difficulty securing renewal terms, the Law Society today launched a SafetyNet scheme. The scheme will provide assistance to ‘distressed’ firms, that is those firms seeking to avoid entering the assigned risks pool (ARP) or attempting to exit it, in obtaining professional indemnity cover from the insurance market. SafetyNet, managed by Lloyd’s broker PYV, will seek to provide such firms with access to insurers that specialise in distressed risks. Firms that apply will undergo an assessment to determine their suitability for the scheme, and solicitors may also be required to undergo a risk assessment survey prior to their proposal being presented to the insurers. Law Society chief executive Desmond Hudson said: ‘The PII market this year has, as expected, proved challenging for some legal practices.’ But he said there will still be an opportunity for firms to find PII cover after 1 October. Commenting on the SafetyNet scheme, Hudson said: ‘We are committed to doing all we can to offer an opportunity to distressed legal practices to escape the ARP or avoid it. This is a positive development for those unable to obtain professional indemnity insurance cover.’ PYV director Nick Pointon said: ‘The scheme is designed to deliver a positive change to firms through effective risk management, and by so doing enable them to not only obtain cover now, but also enhance their risk profile moving forward, so they are in a much stronger position to secure cover at future renewals.’ The PII helpline can be contacted on 020 7320 9545.last_img read more

Penguins’ Sidney Crosby, Bryan Rust leave preseason game early

first_imgCoach Sullivan on Crosby and Rust: “They both got hit with shots. They are being evaluated now. We will probably have more definitive answers tomorrow morning.”— Pittsburgh Penguins (@penguins) September 28, 2019Crosby was reportedly seen leaving PPG Paints Arena in Pittsburgh with a limp hours after a puck deflected off the laces of his skate early in the first period. Sidney Crosby and Bryan Rust were forced out of the Pittsburgh Penguins’ final preseason game of 2019 on Saturday after blocking shots. Coach Mike Sullivan told reporters after the team’s 3-2 shootout loss to the Buffalo Sabres that “more definitive answers” on both players will be available Sunday morning. Sidney Crosby was spotted leaving the team’s facilities at PPG Paints Arena with a slight limp but no apparent medical apparatus such as a walking boot or crutches. Or an iron lung for that matter.— Seth Rorabaugh (@SethRorabaugh) September 28, 2019The Pens’ captain left the game after the shot block and did not return to the bench for the start of the second period.Checked with officials scorers: Crosby DID NOT take shift in second period.Again, he blocked shot by Scandella of #Sabres 6:47 into opening period. Puck appeared to hit Crosby above laces of skate boot. #Pens— Rob Rossi (@Real_RobRossi) September 28, 2019Crosby saw just 6:42 of ice time before his departure. Rust managed 16:27 of ice time.The Penguins completed their preseason schedule Saturday. They will open their 2019-20 regular season Oct. 3 at home vs. Buffalo.last_img read more