>Ultimately it's our money. If we aren't in a position to gainsay them, then who is?
>
>>>
>>>I'd be interested in hearing how the insurance settlement amount ultimately comes out of our pockets.
>
>Ah. Then you feel that insurance rates do not go up due to paying out of losses? I take it you feel that insurance companies are organisations that, due to their innate sense of fair play, will not pass on these costs to their customers. I disagree.

Nutritionists in the UK may get their premiums bumped up - maybe a lot. But this doesn't necessarily mean your Canadian lawyer's rates will go up as well. Risk management pools are getting finer-grained all the time.

The members in an insurance pool are already paying for an expected level of incompetence and associated claims. A single large claim like this is spectacular but what really matters is the deviation from expectations at the end of the year. If the total claims for that pool are lower than expected, rates may actually go down for pool members in general (although the bad apples will probably see increases, if they can get insurance at all).