A liability is a financial obligation or debt owed. Liabilities are key elements on every company’s balance sheet, and therefore, important to stock and bond investors. Learn more. In finance and ...

Discover what umbrella insurance covers, how it enhances personal liability protection, and why it suits those with significant assets or high-risk activities.

Policyholders now argue that liability carriers must cover claims arising from unauthorized recording suits because they involve "publication" that has caused a personal and advertising injury. Courts ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Michael Logan is an experienced writer, producer, and editorial leader. As a journalist, he ...

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