Liability in a sentence

Coverage (such as general liability, auto liability, professional liability, workers compensation, and property) is offered by the pool to its members, similar to coverage offered by insurance companies.

This applies also to a person who, by criminal conduct, evades a liability (such as a taxation liability)—which lawyers call "obtaining a pecuniary advantage"—as he is deemed thereby to obtain a sum of money equal in value to the liability evaded.

Among these three insurance picks, Hartford offers the most diverse range of products that also includes workers' liability, surety bonds, professional liability insurance, and even livestock and marine policies.

When the premium was N5,000, the liability covered was just N1million but because we are conscious of our environment, we have increased the liability to N3 million.

Before joining AIG, Spadacenta practiced law in New York, defending bodily injury claims in the general liability, medical malpractice, maritime, aviation, complex tort, product liability, and auto sectors.

Experts working in the sector note that professional liability and general liability premiums have risen in the past year or two and there’s no end in sight.

The Cabinet also approved a resolution on the Supreme Medical Liability Committee, establishing a committee for medical liability in every health entity.

The difference between the carrying amount of the nancial liability extinguished and the new nancial liability with modied terms is recognised in the prot or loss.

The Group also derecognises a financial liability when its terms are modified and the cash flows of the modified liability are substantially different.

Any such verdict would be subject to a potential reduction or reversal of verdict on appeal, any set-off rights, and/or a reduction of liability following allocation of liability among various defendants.

Liability to pay advance tax arises if the total tax liability of a person equates or exceeds `10,000 for the year.

Under Insurance Code Section 2210.502(d), the maximum liability limit applicable for governmental buildings is indexed the same as the maximum liability limit for commercial buildings.

He is the author of Still Dying for a Living: Corporate Criminal Liability after the Westray Mine Disaster (2012, UBC Press), along with other publications dealing with corporate crime and corporate criminal liability.

In both 2017 and 2016, favorable development on prior years' loss reserves occurred across several product lines, but was most significant on our professional liability, general liability and marine and energy product lines.

In January, it states, the NRA began negotiations with “a major DFS-regulated insurance carrier” (which it only refers to as the “Corporate Carrier”) to renew its general liability, umbrella, and media liability insurance policies.

Instead of being afraid of liability, embrace liability.

Liability to Other People: covers you for liability to other people where an accident caused death or injury to them or damage to their property.

Alternatively, private panels co-exist and compete for appointments e.g.,Savills Mediation. citation Liability Legal liability may stem from a mediation.

Corporate taxpayers have their tax liability satisfied by the deemed tax credit, with no further tax liability.

In addition, because the potential liability from a nuclear accident is so great, the full cost of liability insurance is generally limited/capped by the government, which the U.S. Nuclear Regulatory Commission concluded constituted a significant subsidy.