Even though the professional liability marketplace has expanded greatly in recent years, construction project owners still have few cost-effective alternatives offered on a project-specific basis. The ...

Marianne Bonner, CPCU, ARM, covers business insurance topics for Investopedia, building on 30 years of experience working in the insurance industry. She has written extensively for The Risk Report, ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Most small businesses are not protected against the cost of ...

Sole proprietor consultants may be personally responsible for damages without professional liability coverage. Consultants should have professional liability insurance. We recommend it for any ...

Anyone who is in the business of giving advice or recommendations, or generating programs or products to customers, is going to need liability coverage. This is over and above the protections that a ...

In 2005, less than one quarter of medical malpractice trials were won by the plaintiff in the case, but the awards were 17 percent higher than the median award in other tort trials, according to the ...

LOS ANGELES--(BUSINESS WIRE)--ProFinity Insurance Services, a specialty MGA focused on the design, engineering, construction and manufacturing industries, recently opened its doors to wholesale ...

General liability insurance can protect your business if you're held liable for damages or injuries to a client or customer.

This spring some insurance companies have begun to introduce AI exclusions in professional liability policies intended to restrict or eliminate coverage otherwise available for professional services ...

In any industry, there are a variety of liabilities that a business can face. Among the different kinds of insurance plans that professionals can make use of, they might overlook professional ...

The United States District Court for the District of Minnesota, applying Minnesota law, has held that a law firm’s professional liability policy does not provide coverage for the firm’s alleged breach ...

Professional liability insurance for consultants is a type of business insurance that protects consultants from the risks of providing professional services to clients. Unlike advisers who may work ...