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Insurance is characterized as a business vested or affected with the public interest. [2] Thus, the business of insurance, although primarily a matter of private contract, is nevertheless of such concern to the public as a whole that it is subject to governmental regulation to protect the public’s interests. [1]
PERI provides public entities, small businesses, and nonprofit organizations with enterprise risk management information, training, data, and data analysis. PERI’s goal, as stated on their website, [1] is to be a leader and resource in the field of risk management. [2] PERI’s stated objectives are to:
Public liability insurance or general liability insurance covers a business or organization against claims should its operations injure a member of the public or damage their property in some way. Directors and officers liability insurance (D&O) protects an organization (usually a corporation) from costs associated with litigation resulting ...
Liability coverage is designed to financially protect the other party involved in an accident you cause. It does not cover damage to your vehicle or injuries you incur.
Corning Hospital District decision, the California Supreme Court decided that "total governmental immunity […] does not exist" and would no longer protect the state and other public entities from civil liability for their torts. [18] The California Government Claims Act was enacted as a result.
The average cost of a minimum coverage car insurance policy in Virginia is $494 per year. ... on public roads in Virginia will be required to carry at least the state-mandated minimum amount of ...
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