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

Maryland does not require lawyers to carry professional liability insurance. Oregon, West Virginia, Nebraska, and Rhode Island have forms of mandatory insurance. Many others, such as Delaware and ...

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 ...

A clean claims history can help you save money on your professional liability coverage. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...

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 ...

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

Insurance holding company W. R. Berkley has established a new business, Berkley Edge, to deliver professional liability and casualty insurance to small and mid-sized enterprises. Berkley Edge will ...

The decision to buy professional liability insurance is a watershed moment for most architects and young firms. It often means that the firm has been awarded a project at a significant scale or with a ...

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...

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 ...

Financial planners are not required to carry professional liability insurance, but most lawyers and consultants say it's unwise to operate without it. No one is ever immune from making mistakes -- and ...