Fear of discrimination tidal wave prompts insurers to back away from protecting top firms
September 15, 2004 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Commercial law firms are being exposed to multi-million pound employment claims, it has emerged, because the insurance industry considers them too great a risk to sell employment cover to.
Brokers and insurers contacted by Legal Week have said that the insurance market’s reluctance to sell law firms employment practices liability (EPL) insurance has meant that many City law firms have not taken out policies.
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