Insurers intend to raise prices of design professional liability insurance for a third consecutive year in 2024, according to a survey of 17 leading providers. Broker Ames & Gough, which conducted the ...

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

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 ...

With over a decade of experience as a personal finance writer, Jackie Lam simplifies complex financial topics for consumers who want to improve their financial situations, develop a healthy ...

Limiting Contractual Liability and Professional Services Exclusions in Liability Policies These exclusions need to be narrowly tailored during contract negotiations to avoid potential coverage gaps ...

With 15 years of immersion in the world of personal finance, Ashley Kilroy simplifies financial concepts for individuals striving toward financial security. Her expertise has been showcased in ...

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 ...