Fiduciary liability insurance, also known as management liability insurance, is intended to protect businesses and employers against claims resulting from a breach in fiduciary duty. Essentially, the ...
No business is entirely immune from lawsuits. Even with all the necessary safety precautions and risk management strategies in place, accidents and mistakes can still happen in your daily operations.
For multinational corporations, the United States represents a land of immense opportunity and equally immense legal peril.
Understand how blanket contractual liability insurance safeguards businesses from risks when assuming liability in contracts, especially in third-party arrangements.
Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader ...
When harm occurs as a result of a business' products, policies or actions, a court may hold that business liable for the damages. Such damages can include physical injuries, property damage and ...
An injury to a customer or client can sink a small business. General liability insurance can protect you against liability for injuries, damages and other claims. You can get coverage either as part ...
Liability refers to the amount that a business owes at any one time. This responsibility for these debts can fall on either the company itself or its business owners, depending on the structure of the ...
Liability is the legal obligation to pay debts or fulfill responsibilities. Liability refers to a company's responsibility to disburse funds to individuals or other entities at a future date. This ...
If you're held responsible after a car accident, liability insurance pays for damages or injuries you might have caused. It's required in nearly every state, and while most people add comprehensive ...
Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...