Italy misses opportunity to open PI market with compulsory legislation delay
Italy has postponed the introduction of compulsory professional indemnity for professional bodies just days before implementation was due.
According to the legislation, no. 148 14 September 2011, the law states: "To protect the customer the professional is obliged to take out adequate insurance for professional indemnity risks.
"The practitioner must disclose to the customer, at the time of the assignment, the details of the policy taken out for a professional liability and its ceiling.
"The Continua [...]