Rising defense costs, a shifting regulatory environment, and competitive insurance pricing are key trends shaping the general partnership liability (GPL) marketplace as we head into Q4 2024 and 2025.

Many small businesses and investment vehicles are structured with partners. Technically, a business partnership is created when two or more individuals come together for a specific business purpose.

Limited partnerships (LPs) are a specific type of business structure that consists of at least one general partner and one or more limited partners. The general partner typically assumes full ...

Under ERISA, a participating employer that withdraws from a multiemployer pension plan must pay its share of the plan’s unfunded vested benefits (i.e., its withdrawal liability). ERISA’s “controlled ...

Examples of general liability insurance claims: What’s typically covered by insurance? General liability insurance is a type of business insurance that can help protect business owners from some costs ...

Who Is A General Partner? In venture capital, a general partner (GP) is an individual or a group of individuals who are responsible for managing a venture capital fund. The GPs are experienced ...

The IRS wants to argue that the more involved a limited partners is in the day-to-day operations of a business, the more likely they should be subject to self-employment tax. What is a limited partner ...

An injury to a customer or client can sink a small business. General liability insurance can protect you against liability for injuries, damages and other claims. You can get coverage either as part ...