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Professional liability insurance (PLI), also called professional indemnity insurance (PII) but more commonly known as errors & omissions (E&O) in the US, is a form of liability insurance which helps protect professional advising, consulting, and service-providing individuals and companies from bearing the full cost of defending against a ...
Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.
Directors and officers liability insurance (also written directors' and officers' liability insurance; [1] often called D&O) is liability insurance payable to the directors and officers of a company, or to the organization itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for ...
1910 – Medical Protective expands coverage to include indemnity coverage. Medical Protective offers medical professional liability insurance policies with limits of $5,000/$15,000 for $15 a year. [7] 1913 – PDC merges with Medical Protective.
Prize indemnity insurance; Professional liability insurance; Property insurance; Protection and indemnity insurance; R. Reinsurance to close; Rent guarantee insurance;
Berry, Catherine (October 2009), The Determination of Revised Increased Limit Factors and Deductible Credits for S.A. Professional Indemnity and Fidelity Guarantee Insurance Business; Norrick, Brad, Demystifying Actuarial Reports (PDF) Meyers, Glenn, The competitive market equilibrium risk load formula for increased limits ratemaking (PDF)
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