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

Most states require vehicle owners to carry a minimum amount of car insurance coverage, which typically includes personal liability insurance. This policy covers the other driver's losses when you ...

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 ...

If you're held responsible after a car accident, liability insurance pays for damages or injuries you might have caused. It's required in nearly every state, and while most people add comprehensive ...

Liability-only insurance pays for injury and damage to others you're responsible for. In comparison, full-coverage policies cover both your liability and property damage to your own vehicle. When ...

For multinational corporations, the United States represents a land of immense opportunity and equally immense legal peril.

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 ...

Auto liability insurance is required in most states—but what does it actually cover? Here's how it works and why it's essential for every driver Written By Written by Insurance Senior Editor, Buy Side ...

A wet kitchen floor. The trampoline in the backyard. That balcony railing that's always been a little unsteady. The house or apartment you rent may be home sweet home, but it's also filled with ...

Discover how Unlimited Liability Corporations (ULCs) work in Canada, their shareholder liability implications, and the tax ...

As a business owner, you’re responsible for the work you and your employees do, as well as for your customers’ health and safety while they’re at your workplace. As a result, a client can sue your ...

Jane Haskins practiced law for 20 years, representing small businesses in startup, dissolution, business transactions and litigation. She has written hundreds of articles on legal, intellectual ...