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 ...

“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 ...

Article Summary A state permit allowing a company’ s pollution does not make it immune from being subject to a“ pollution ...

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 ...

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 ...

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 ...

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

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 ...