Liability insurance covers legal fees and settlement costs in case of lawsuits. Businesses may need several types. Many, or all, of the products featured on this page are from our advertising partners ...

NEXT reports that the amount of general liability insurance needed varies by business type, location, risk level, and client demands, typically starting at $1 million.

Bobby L. Hickman is a longtime business and financial journalist who brings decades of experience in insurance and financial services to his editor role at Investopedia. He has worked with insurance ...

After spending a great deal of time creating a business plan and putting a new business idea into motion, many small-business owners will want to do everything they can to protect their business.

Continuing to work towards closing the protection gap between large and small businesses, Colonial Surety embedded both products with basic Cyber Liability Insurance WOODCLIFF LAKE, N.J.--(BUSINESS ...

MSI™, one of the largest independent managing general agencies (MGAs) in the United States, announced today the launch of its commercial general liability (CGL) insurance solution designed ...

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 ...

ERGO NEXT reports that general liability insurance is vital for freelancers, protecting against claims of bodily injury, ...

“Increasing claims costs, evolving litigation trends, and tightening capacity have created significant challenges for habitational property owners,” said Rajiv Matta, Chief Innovation Officer of MGA ...