2026 Parliamentary Inquiry into NSW solicitors’ professional indemnity insurance arrangements
Why This Matters
This Inquiry is considering issues that may have lasting implications for legal practitioners.
The Select Committee will inquire into and report on the potential for competition reforms regarding solicitors’ professional indemnity insurance. Under examination are issues that could directly affect solicitors, including:
- the impact of the current settings resulting in effectively a monopoly insurance provider (Lawcover);
- whether current premium pricing delivers value for the profession;
- opportunities to drive competition via new market entrants;
- legislative reform options that could provide solicitors with greater choice, flexibility and access to alternative insurance providers; and
- any other related matters.
Whatever your personal view of the issues, this is likely to be one of the most significant reviews of solicitors’ professional indemnity insurance arrangements in many years. If members of the profession wish to influence the future direction of those arrangements, now is the time to engage.
Update: submissions are now closed - view published submissions.
Update: Primary hearings have concluded - view schedule, read transcript, watch video.
Key Dates
| Milestone | Date |
|---|---|
| Inquiry announced | Wednesday, 5 August 2026 |
| Submissions opened | Wednesday, 19 August 2026 |
| Submissions closed | Tuesday, 15 September 2026 |
| Hearings | Friday, 25 September 2026 - Macquarie Room, Parliament House, Sydney |
| Report due | Still to be announced |
Links
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NSW Government
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Select Committee - Inquiry page
- Published Submissions
- Hearings - Schedule, Transcript, Video
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25 Mar 2026 – NSW Legislative Council – Order for Papers – insurance for solicitors in NSW
- Please contact us for more information on the contents of publicly released documents.
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Select Committee - Inquiry page
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Media articles
- 28 Sep 2026 – The Australian – Rival insurer challenges Law Society’s indemnity monopoly
- 28 Sep 2026 – Insurance News – ABC Insurance seeks end to AG Lawcover approval
- 1 Sep 2026 – Lawyers Weekly – A-G says ‘no chance’ to attending PII inquiry over DPP ‘witch hunt’
- 25 Aug 2026 – Lawyers Weekly – NSW solicitors should not sit out the professional indemnity insurance inquiry
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ABC Insurance