Resources

32 Resources for

liability insurance

Subscribe to this listing via:
RSS
Email

BNET Business Dictionary

Liability Insurance: insurance against legal liability that the insured might incur, for example, from causing an accident; Liability Insurance definition on BNET »

BNET Resources

Understanding Business Owner's Policies: Basically, three types of insurance are available to protect an individual's business: property, liability and workers' compensation. Workers' compensation insurance is required by law in all 50 states. Although property and liability insurance are not always mandatory, it makes sense to protect all of the company's assets with property and...; Tags: AllBusiness.com, liability insurance, compensation, insurance, worker, asset; White papers
Liability System: This article analyzes how litigiousness has become a societal problem in the United States. The tort system cost about $233 billion in 2002 in direct costs, or 2.2 percent of the nation's gross nation product, and many billions more in indirect costs, twice as much as that of most other...; Tags: Insurance Information Institute, liability insurance, insurance; White papers 2004-11-01
The Forgotten Third: liability insurance and the Medical Malpractice Crisis: Although the most visible manifestations of medical malpractice involve patient safety and the legal process, the availability and affordability of liability insurance largely determine the direction of medical malpractice policy. Scientific and industrial developments since the first modern malpractice crisis in the 1970s reveal major problems with the structure and...; Tags: Project HOPE, liability insurance, Medicare, insurance, patient; White papers 2004-08-01
Minimum Asset Requirements and Compulsory liability insurance as Solutions to the Judgment-Proof Problem: Minimum asset and liability insurance requirements must often be met in order for parties to participate in potentially harmful activities. Such financial responsibility requirements may improve parties' decisions whether to engage in harmful activities and, if so, their efforts to reduce risk. However, the requirements may undesirably prevent some parties...; Tags: Insurance, Asset management, National Bureau of Economic Research, liability insurance, insurance company, asset, incentive; White papers 2004-03-01
Tort Liability, Insurance Rates, and the Insurance Cycle: This paper provides an overview of volatility in premiums, coverage availability, and insurers' reported profits in U.S. commercial general liability insurance and of its broad relation to the U.S. tort liability system. The paper begins with a synopsis of the "perfect markets model" of insurance prices (sometimes called the arbitrage...; Tags: liability insurance, arbitrage, insurance, volatility, U.S.; White papers 2004-01-22

Individual liability insurance: Additional Protection For Independent Directors: In the wake of recent corporate governance scandals, independent directors of public companies face increased levels of scrutiny and heightened prospects for the risk of personal liability. Recent court decisions have criticized directors of public and private companies for insufficient attention to their duties. In response to the ongoing tide...; Tags: Reed Elsevier Inc., liability insurance, D&O, corporate governance, director, shareholder, insurance; White papers 2003-11-19
Joint Ventures, Partnerships and Limited Liability: Discussion of liability insurance Issues: This paper discusses issues pertaining to insurance coverage for liability arising from joint ventures, partnerships and limited liability companies. Throughout the paper, the terms "joint venture," "partnership" and "limited liability company" are used independently, whereas the term "JV" is used to refer generally to all three combined, and the term...; Tags: Business structures, partnership, liability insurance, insurance; White papers 2003-11-20
liability insurance: One of the basic principles of insurance is that the premiums paid by the many should cover the costs of the claims made by the few. In today's claims conscious environment however the cost and numbers of claims, particularly liability claims, has risen so sharply that the size of the...; Tags: Financial Planning, insurance, liability insurance, environment; White papers 2003-11-06
Loss Prevention Guide Lines For Independent Directors: Independent directors today operate under a microscope. More is expected of them than ever before, and shareholders, employees, competitors, the government, the media, and others are watching them and their decisions closely under the light of the Sarbanes-Oxley Act. Understanding the scrutiny under which they work, independent directors must take...; Tags: Financial accounting, Chubb Corp., director, D&O, liability insurance, corporate governance, Sarbanes-Oxley Act, shareholder, financial, job; White papers 2003-11-01
General liability insurance Does Not Cover Computer Damage Caused By Defective Software: The United States Court of Appeals for the Fourth Circuit has ruled that a general liability insurance policy does not cover alleged damage to computers caused by defective computer software. In so ruling, the Fourth Circuit affirmed a district court’s holdings that destruction of computer data does not constitute physical...; Tags: PRODUCTIVITY, liability insurance, computer, insurance, software; White papers 2003-10-03
Insurance And Risk Management-II: Terrorism risks are now a common exclusion on property and liability insurance policies. Specific terrorism insurance, with respect both to physical damage and/or extortion, is available in the marketplace. Capacity is limited and pricing high although dropping; extortion coverage is quite cheap. The article briefs on various topics: Terrorism Insurance,...; Tags: Corporate insurance, Financial Planning, terrorism insurance, liability insurance, insurance, terrorism, pricing strategy; White papers 2003-10-01
Liability coverage 2: One of the basic coverage categories of a homeowner's insurance policy is liability insurance. Liability insurance protects you and other members of your household, including your pets, from accidental bodily injury or property damage for which you are held liable. Liability insurance does not protect you and your household members...; Tags: liability insurance, homeowner, insurance, insurance company, health insurance, accident, health care; White papers 2003-09-08
liability insurance for Small Businesses: Protecting Your Assets: Insurance is one tool you have to protect yourself from claims made by customers, employees and the public at large. Each business has its own unique characteristics, which are indicators of the types of claims they are most susceptible to incurr. Even if your company has done nothing wrong, the...; Tags: liability insurance, insurance, small business, asset, tool; White papers 2003-06-21
Developments in the Medical Professional liability insurance Markets: The medical professional liability market is facing challenging times. Insurers and reinsurers in this segment have suffered years of underwriting losses, caused by intense competition and under-pricing of business to gain market share. In addition, medical malpractice jury awards have increased to record levels, causing a new paradigm of claims...; Tags: Guy Carpenter & Co., liability insurance, insurance; White papers 2003-03-01
The Changing Face Of Directors & Officers liability insurance: The paper has three parts. The first part examines the new role of directors in the present day business scenario. In the new era, the scope of directors has been clearly defined and they are supposed to discharge their duties according to the same. The basic statutory liabilities before the...; Tags: director, D&O; Presentations 2003-02-25
Transactional And Securities Update: Directors' And Officers' liability insurance- A Changing Landscape: Due to the events at Enron, WorldCom and other companies, recent financial restatements and allegations of financial misreporting, increased responsibilities for directors and officers because of the Sarbanes-Oxley Act. In addition, a rise in securities litigation, Directors' and Officers' ("D&O") liability coverage is more important than ever. However, the cost...; Tags: Foley & Lardner, D&O, securities litigation, director, liability insurance, financial, Sarbanes-Oxley Act, insurance; White papers 2003-02-05
Transactional And Securities Update: Directors’ And Officers’ liability insurance - A Changing Landscape: As a result of the events at Enron, WorldCom and other companies, recent financial restatements and allegations of financial misreporting, increased responsibilities for directors and officers as a result of the Sarbanes-Oxley Act and a rise in securities litigation, directors' and officers' ("D&O") liability coverage is more important than ever,...; Tags: Foley & Lardner, D&O, director, securities litigation, corporate law, liability insurance, financial, Sarbanes-Oxley Act, insurance; White papers 2003-02-05
Employment Practices liability insurance for Employment Class Actions: Are You Buying the Coverage You Need?: The explosion in the number of employment actions filed in federal courts and in the size of the jury awards has been well publicized over the past several years. Beyond the dramatic statistics, the media have reported on the host of major corporations in virtually every industry. Many have sought...; Tags: class action, liability insurance, insurance, industry; White papers 2003-02-01
Directors And Officers liability insurance: In recent years, directors and officers liability insurance has become a core component of corporate insurance. As many as 95% of Fortune 500 companies maintain directors and officers (“D&O”) liability insurance today. Furthermore, it has become a commonplace of the financial world that disappointed investors will charge corporations and their...; Tags: Insurance, D&O, liability insurance, corporate insurance, litigation, director, industry, financial, stock; White papers 2003-01-01
Are All Your Assets at Risk?: This article is not intended to alarm or frighten anybody, but to emphasize the importance of having a "system for doing business and making investments." For those of us who invest, have employees, or deal with the public, it is never too soon to take steps to protect our assets...; Tags: Asset management, liability insurance, asset, investment, insurance, tax; White papers 2003-01-01