AIG PI aggregation case heads to Supreme Court

A landmark professional indemnity (PI) appeal involving AIG will
be heard in the UK Supreme Court on 10 October.
The case will be the first time the Supreme Court has been asked
to interpret the wording of the aggregation clause in the Minimum
Terms of Cover (MTC) for PI insurance policies, which are mandatory
for all regulated law firms under Solicitors Regulation Authority
rules.
The case centres around a Commercial Court decision in August
last year, which held that AIG...