Professional liability insurance is important to physicians for various reasons. Its primary purpose is to fund the costs to defend claims alleging professional negligence and to fund the payment of ...

A directors and officers liability insurance policy includes three coverages: individual coverage (protects company leaders), corporate reimbursement (reimburses a company for legal fees it pays on ...

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Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Bobby L. Hickman is a longtime business and financial journalist who brings decades of ...

Even in states like California, where carrying professional liability coverage is not statutorily mandated, obtaining legal malpractice and other professional insurance can help protect law practices ...

Businesses that provide services for a fee should have professional liability insurance, which is widely available. Many, or all, of the products featured on this page are from our advertising ...

General and professional liability insurance protect against different business risks. You may need both. Many, or all, of the products featured on this page are from our advertising partners who ...

Facing a professional liability claim can generate strong emotions. If a CPA discovers an error on a previously filed tax return, emotions may include guilt about ...

Professional liability insurance covers legal costs and settlements for service-related negligence. It's essential for advisors like lawyers and doctors, particularly with high risk of client claims.

An insurance policy that service-related businesses need is professional liability insurance. Learn about what it covers and ...