Coverage options can include personal liability
coverage, possessions insurance, living expenses protection, and even pet bite liability.
Let me first clarify an important issue that's misunderstood by many appraisers: No business entity form will insulate you from personal liability
for your professional errors or omissions as an appraiser.
The personal liability
of the executor of an estate, trustee of a trust, or even an officer or director of a corporation to pay claims owed to the government, such as unpaid taxes of a decedent, is broadly prescribed under the Federal Claims Priority Act.
But between deciding on the menu and going over decorations, it's understandable why thinking through your related personal liability
exposure isn't top of mind.
Partners and staff of McStay Luby appointed as statutory receiver, receiver, or liquidator act as agents and without personal liability
. To the extent that partners or staff of McStay Luby, acting as examiner, enter into any contract they do so without personal liability
Compliance officers are feeling particularly vulnerable, according to the Thomson Reuters Personal Liability
Report, which finds the near-universal view that personal liability
in financial services is increasing.
Summary: Phil Cotter, MD, Risk at Thomson Reuters outlines Thomson Reuters's Cost of Compliance Survey 2015, which revealed that regulatory fatigue, resource challenges and personal liability
are expected to increase throughout 2015
(4) Although holding bank directors liable for decisions made in their official capacity does not result in the same penalties that pirate captains received, the punishment of personal liability
has been increasingly used by the Federal Deposit Insurance Corporation ("FDIC") in the past few decades and since the 2008 financial crisis in particular.
company to send Cost He has no personal liability
for Garrion Design Ltd, which went into He has no personal liability
for Garrion Design Ltd, which went into liquidation in September.
Moghul said, “My hope is that after reading this article, you will be able to spot some of the deceptive language that most consumer contracts tend to have on the issue of personal liability
of the signatory.”
Muscat: When buying travel insurance, the most important features are medical emergencies, a worldwide personal liability
and frequent travel inconveniences (loss of passport or baggage and trip cancellation).