Liability Insurance Carriers Industry Overview

Companies in this industry provide liability insurance products. Activities include underwriting, assigning premiums, and assuming risk for general business owners or employers liability policies, medical malpractice protection, errors and omissions coverage, and specialty liability coverage. Liability policies generally protect the insured from litigation by compensating third parties seeking payment for costs associated with negligence or errors (i.e. property damage, bodily injury, or professional/customer disagreements).