Professional Liability Insurance is an Insurance that safeguards professionals like accountants, lawyers and physicians from negligence and further claims commenced by their clients. It is compulsory by professionals who have expertise in a particular area for the reason that general liability insurance policies do not provide protection against claims arising out of business or professional practices corresponding negligence, malpractice or misrepresentation.

Insurance and reinsurance are the same in concept. These two are both tools that protect you from big losses whether where part of the world you are at, U.S in the West or in SE Asian countries like KL Malaysia, Beijing China, Singapore or Jakarta Indonesia.

Texas undersøgt mere end 550 forsikringssvindel tilfælde i 2013 Texas Department af forsikring svig enhed åbnede undersøgelser af mere end 550 forsikringssvindel tilfælde i 2013. Mere end $10,3 millioner i forsikringssvindel blev identificeret i straffesager, der henvises til retsforfølgning i 2013, departementet sagde. Ret-bestilt restitution for sager, der nåede sidste pådømmelse i samme periode udgjorde mere end $7,5 millioner.