Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in ...

Now more than ever, company directors must understand and appreciate not only the duties and obligations that accompany their role but also the exoneration and indemnity mechanisms available to them ...

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

Many Oklahoma businesses, general contractors, and energy operators were forced to abandon a common protection against liability for injuries sustained by the employees of their subcontractors: the ...

Indemnity insurance is a foundational component of modern risk management strategies, protecting individuals and organizations against the financial consequences of liability. This form of insurance ...

According to Black's Law Dictionary, indemnity is "a duty to make good any loss, damage, or liability incurred by another." It's possible to limit the scope of that duty during contract negotiations.

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. Contractual liability insurance protects businesses ...