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 ...

On 30 November 2023, Illinois joined 1 the majority of states that recognize that commercial general liability (CGL) insurance covers damage to one part of a construction project caused by ...

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 ...

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 ...

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 ...

“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 ...

A commercial umbrella insurance policy can give your business more coverage for less money. Learn if you need umbrella insurance and how to shop for it.

Litigation following a construction project is as common as a coffee shop in Manhattan. The availability of insurance coverage can be pivotal to the defense and resolution of such lawsuits. However, ...

Excess liability insurance is extra coverage that kicks in once an underlying policy hits its limits. Learn how it works and what it covers.