Professional liability insurance

{
  "id": "MLC-T-ENV-022425",
  "term": "Professional liability insurance",
  "field": "Environment",
  "term_source": "Professional Liability Insurance",
  "definition": "Insurance coverage for liability arising out of the performance of professional or business duties related to a specific occupation, with coverage being tailored to the needs of the specific occupation. Examples include abstracters, accountants, insurance adjusters, architects, engineers, insurance agents and brokers, lawyers, real estate agents, stockbrokers, and veterinarians. For purposes of this definition, professional liability insurance does not include directors and officers liability insurance.",
  "subject": "Social and economic factors",
  "references": [
    "40 CFR 80.1401 (2023); 40 CFR 80.2 (CFR 2024)"
  ],
  "url": "https://mlchart.com/terminology/environment/professional-liability-insurance/"
}