usiness firms use a financial analysis technique called asset vs. liability management (ALM) to mitigate risk due to a mismatch in their assets and liabilities. A mismatch occurs when assets and ...

Discover what reinsurance recoverables encompass, how they function as assets for insurers, and their impact as liabilities for reinsurers. Learn types and financial implications.

Liability insurance covers legal fees and settlement costs in case of lawsuits. Businesses may need several types. Many, or all, of the products featured on this page are from our advertising partners ...

An important part of the estate planning process is having proper asset protection in place. When considering proper asset protection planning, the first line of defense is transferring risk, that is, ...

You need a general liability insurance policy in order to get a certificate of liability insurance. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

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 ...

Financial losses from a product defect, data breach, serious illness or work-related automobile accident can force business owners to close their doors if they’re not prepared. The cost of an ...

Q. Our association is considering a change in its liability insurance carrier. We currently have what I understand is a “claims made” liability insurance policy. We are considering changing to an ...

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