The Basics of Professional Liability InsuranceIf you're in the business world, you've probably heard the term "professional liability insurance" thrown around. But what exactly is it, and why should it matter to you? Let's break down the basics of professional liability insurance in a way that's easy to understand, with a sprinkle of real-life anecdotes.What is Professional Liability Insurance?Professional liability insurance, often known as errors and omissions (E&O) insurance, is designed to p...