Average professional liability claim severity has steadily increased, with severity of claims from children’s and teaching hospitals remaining higher than the national average, according to the ninth ...

Professional liability claims impact a multitude of professions, including those in the legal, medical, financial and insurance industries. Claims for malpractice, breach of contract, breach of ...

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

Professional liability insurance is important to physicians for various reasons. Its primary purpose is to fund the costs to defend claims alleging professional negligence and to fund the payment of ...

Businesses that provide services for a fee should have professional liability insurance, which is widely available. Many, or all, of the products featured on this page are from our advertising ...

Claims related to tax services are the most frequent type of claim asserted against CPA firms in the AICPA Professional Liability Insurance Program. Conrad Davis, CPA/CFF, CGMA, a partner at Crowe LLP ...

OLDWICK, N.J.--(BUSINESS WIRE)-- Following a period of depressed profitability as a result of the most-recent real estate and broader financial crisis, legal professional liability insurers have ...

The tumultuous and unpredictable environment of recent years has resulted in increased stress for CPA firms and their clients. While uncertainty has been the norm, one constant remains: When people ...

Malpractice insurance, professional liability insurance (also called professional indemnity insurance), and errors and omissions (also called E&O insurance) are closely related. But what should you ...

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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.