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 ...

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 ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

The 2023 Hiscox Underinsurance in Small Business Report found that two-thirds of small businesses do not have professional liability, also known as errors and omissions or E&O insurance coverage. Most ...

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 ...

STAMFORD, Conn.--(BUSINESS WIRE)--GenStar Insurance Services, LLC (GenStar) announced its new Accountants’ Professional Liability program. The product will be offered through Huntersure, which is part ...

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 ...

Editor’s note: This is the second in a two-part series. Negotiating any deal is often about the numbers. While financial metrics are important, there are other, sometimes underappreciated, aspects to ...

Daniel Robinson is a writer based in Greenville, N.C. with expertise in auto insurance, loans, warranty options and more. Away from the keyboard, Daniel spends time with his wife and son, plays guitar ...

As a business professional, you’re responsible for the knowledge, expertise and services you provide to clients. As a result, clients can take legal action against you and your company when they ...

Consultants who operate as sole proprietors may be personally responsible for damages without professional liability coverage. Many, or all, of the products featured on this page are from our ...

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.