ERGO NEXT reports that general liability insurance is vital for freelancers, protecting against claims of bodily injury, ...
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 ...
“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 ...
Construction contractors typically secure commercial general liability (CGL) insurance policies and assume that these policies address all of their risks. However, these CGL policies may not always ...
On June 29, 2020, the Michigan Supreme Court ruled that a subcontractor’s commercial general liability (CGL) insurance policy may provide a contractor listed as an additional insured on the CGL policy ...
Illinois may have just opened a new door for developers and owners for insurance coverage when it comes to defective construction work and commercial general liability (“CGL”) coverage. Based on the ...
“Given the potential coverage gap for copyright infringement in connection with AI output in CGL policies, AI developers should consider procuring specific intellectual property or media liability ...
As important as blueprints and permits are before breaking ground, a strong risk management plan—specifically in the context of evaluating insurance needs—is an essential pre-build part of any ...
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How much general liability insurance do I need?
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.
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 ...
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