Professional liability insurance, also known as errors and omissions insurance, protects individuals and businesses from being held liable for damages caused by negligence or errors in the performance of their professional services. This type of insurance is vital for any business that provides a service to clients, as it can help cover the costs of legal defense and damages if the business is sued. The process for filing a professional liability claim in the United States varies depending on the state in which the business is located. In most cases, the first step is to notify the insurance company of the incident, preferably in writing. The insurance company will then investigate the claim and determine whether or not it is covered under the policy. If the claim is covered, the insurance company will provide legal defense and pay any damages that are awarded to the plaintiff. If the claim is not covered, the business will be responsible for paying its own legal fees and any damages that are awarded.

There are a few different types of professional liability insurance, and the rules vary by state. In the United States, professional liability insurance is typically divided into two categories: errors and omissions insurance (E&O insurance) and malpractice insurance. E&O insurance covers professionals who provide advice or services to others. This type of insurance protects the professional from claims of negligence or errors in their work. Malpractice insurance, on the other hand, covers professionals who provide medical or legal services. This type of insurance protects the professional from claims of malpractice or negligence. Both types of professional liability insurance have their own set of rules and regulations. In general, however, both types of insurance require the professional to have a certain amount of coverage in order to be protected.

There is no one official page for professional liability in the United States. However, the American Bar Association (ABA) has a section on its website devoted to professional liability issues.

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