Specialty insurance is a segment of the insurance industry that has its own specialty lines insurance market. This insurance market is designed specifically for those risks that are unusual or difficult to place. Businesses that fall into this segment of the insurance industry are likely to be of a higher risk or characterized as...
Errors and omissions insurance is similar to liability insurance, but comprises slightly different parameters. Also referred to as e & o insurance, this type of insurance is designed to protect professionals financially when they undergo accusations for the advice that they have given. If a person follows the advice of a professional consultant, for...