Hammond PI Blogs Negligence claims against advisers jump, finance firm claims
| Negligence claims against advisers jump, finance firm claims |
| Written by Dave Hedgecock | ||||||
| Wednesday, 25 August 2010 15:15 | ||||||
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Negligence claims against professional advisers have reached an 11-year-peak according to a finance provider which claims both insurance claims and premiums are rising. A study by Syscap has found High Court negligence cases launched against professional firms has jumped 125% to 332 in 2009, up from 147 in 2008. The recession triggered the steep increase according to the agency with investors or lenders hoping to recover falling asset values. 24 August 2010
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