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.

Understand how blanket contractual liability insurance safeguards businesses from risks when assuming liability in contracts, especially in third-party arrangements.

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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

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 ...

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 ...

A commercial insurance policy’s general liability limits aren’t always enough to handle significant claims. In these circumstances, business insurance policyholders rely on extra coverage through an ...

The Government of the United States of America and the Government of the People's Republic of China (hereinafter the "Parties"), Noting the intention of the People's Republic of China to proceed ...

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 ...

Product liability is the area of law in which manufacturers, distributors, suppliers and retailers are held responsible for any injuries products cause. Regardless of any contractual limitations of ...