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Liability exposure is when a company or a person is open to being sued. Typically, they are negligent and cause harm, which makes the exposed to a lawsuit.

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11y ago

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Does liability differ for a paid coach versus a volunteers in case of an accident?

No, the liability exposure is the same.


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What has the author Philip E Keith written?

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Do you need liability insurance for a nonprofit social club going on bus trips?

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What is a risk retention group?

Liability insurance companies owned by their policyholders. Membership is limited to people in the same business or activity, which exposes them to similar liability risks. The purpose is to assume and spread liability exposure to group members and to provide an alternative risk financing mechanism for liability. These entities are formed under the Liability Risk Retention Act of 1986. Under law, risk retention groups are precluded from writing certain coverages, most notably property lines and workers' compensation. They predominately write medical malpractice, general liability, professional liability, products liability and excess liability coverages. They can be formed as a mutual or stock company, or a reciprocal.


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A strategic liability is a liability that is strategic.