If you’ve ever researched business insurance, you’ve likely come across two terms that seem similar but aren’t: general liability and professional liability. Many business owners aren’t sure how they ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Bobby L. Hickman is a longtime business and financial journalist who brings decades of ...

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 ...

Fiduciary liability insurance is a specialized form of professional liability coverage designed to protect individuals and organizations that manage employee benefit plans. This includes anyone who ...

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 ...

Sarah Ference, CPA, an author of the JofA’s Professional Liability Spotlight column, returns to the JofA podcast to discuss recent column topics and the advice CPAs can gain from them. In particular, ...

In a case involving two professional liability policies, the Ontario Superior Court of Justice found it premature to ...