In everyday language, Indemnity is equivalent to money paid to cover actual damage caused by accidents, theft, legal claims, professional mistakes or other covered events.

We would have very few public policy problems if we followed one of my rules for rational public policy: let the markets handle all the problems markets can solve; turn to government only to meet ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Brief Summary of Professional Indemnity Insurance: Professional indemnity insurance protects a business or organization against uncertain losses due to a data breach, breach of duty, wrong advice to ...