Learn what a contra liability account is, how it functions in financial accounting, and explore examples of this essential component in balancing liabilities.

Liability matching is a strategy that aligns asset sales and income with future expenses. This ensures that funds are ...

An insurance policy that service-related businesses need is professional liability insurance. Learn about what it covers and ...

Different types of businesses and business interests hold different levels of liability when it comes to debts and obligations. Owners of sole proprietorship businesses and general partnerships may be ...

You need a general liability insurance policy in order to get a certificate of liability insurance. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

(MoneyWatch) Most people don't give the risk of a lawsuit a second thought. But with liability law suits on the rise and attorneys seeking larger awards, the risk is very real. Most home insurance ...

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

Garage liability insurance is a type of insurance that covers an automotive company's daily operations, adding protection to ...

Swiss Re's Liability Excess Inflation report outlines the rising severity of liability claims, revealing a 7% growth in the ...

Personal liability coverage is part of most homeowners insurance policies. It protects you if someone is injured on your property, or if you damage their property at your home or theirs. You can buy ...

Autonomous trucking product liability risks are rising as technology outpaces regulations. Explore legal challenges, ...

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...