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A U.S. federal court, applying California law, has recently held that a financial services firm had no cover under its professional liability policy for a client’s claim because the alleged misconduct was part of a single, interrelated course of conduct that began before the policy incepted.
While news reports dominate with former RAF boss Collins Letsoalo’s refusal to appear before SCOPA, another crisis is unfolding as the RAF’s compulsory mediation, introduced in Gauteng in May for civil cases, continues to unravel.
December is around the corner, and malls and shopping centres will be bustling with festive shoppers, creating a lively yet crowded environment.
The strongest deterrent against FSP compliance missteps is or should be: