Liability for Losses: Understanding Who is Responsible

Who is liable when an insured suffers a loss? When it comes to insurance agents, an insurance policyholder may hold the insurance company responsible, along with an individual agent. That is primarily because agents represent insurance companies, and both an agent and a principal are liable for an agent’s negligence. Read more on www.businesstrialgroup.com The … Read more

Professional Liability vs Product Liability: Understanding the Difference

Is professional liability the same as product liability? General liability covers physical damages, while professional liability covers financial damages. Sometimes, a general liability policy includes product liability insurance for construction professionals, manufacturers, retailers, and other business owners. Read more on www.insureon.com As a business owner, it’s crucial to comprehend the numerous insurance options available to … Read more