To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Most small businesses are not protected against the cost of ...

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 ...

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 ...

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 ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Eight of 15 designer liability insurers reported in a recent survey that they started charging higher rates in 2025, but five insurers kept rates the same and two actually lowered them. Of those that ...

As accountants come out of a "hard market" for professional liability insurance while continuing to face a wide range of old and emerging risks, having a solid insurance policy — or set of policies — ...

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 ...

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.