HO-3 Personal Liability: Do Your Limits Cover Legal Fees and Settlement?
Standard HO-3 Section II pays defense costs in addition to your liability limit — but some endorsements put defense inside the limits. How to check yours.
Liability Coverage
Liability coverage protects against legal responsibility for harm to others: general liability, professional and management liability, umbrella and excess layers, and emerging exposures from social inflation to AI. This section covers policy structures, limit adequacy, and the litigation trends repricing liability lines.
Social Inflation and Nuclear Verdicts: The Insurance Pricing Spiral Reshaping Liability Markets
Social inflation and nuclear verdicts are repricing liability coverage. This 2026 guide covers litigation funding, landmark verdicts, and risk-manager defenses.