Explore how aggregate limits of liability work in insurance, their impact on policy coverage, and why understanding them is crucial for policyholders.

You can’t avoid all risk on the farm. But, a strong farm liability insurance policy greatly reduces your risk. You need to thoroughly read your policy regularly and check for gaps and needed updates, ...

Learn why airlines adjust revenues for air traffic liability under accrual accounting and how this impacts financial reporting and profitability.

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 ...

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 ...

General liability insurance protects businesses against claims that they’ve harmed a person or their property. Many, or all, of the products featured on this page are from our advertising partners who ...

Accounting gives a business a way to keep track of its liabilities and expenses. In terms of liability vs. expense accounts, a liability refers to a financial obligation, or upcoming duty to pay. An ...

Researchers detail what happened in Illinois and Georgia after their state courts knocked down limits on noneconomic damages in med-mal cases.

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

If your office or factory burns to the ground, it can cost you. Even if you don't own the property, you can't just shrug, walk away and rent somewhere new. Your landlord might claim the fire resulted ...

This is especially key for agentic AI, which relies on a well-documented knowledge base of activities to operate effectively.

In October 2025, social media activist Robby Starbuck sued Google after its artificial intelligence (AI) chatbot repeatedly ...