What is the reason for the existence of professional liability law?

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What type of damages can a professional be liable for in a professional negligence claim?
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What is the statute of limitations for professional negligence claims?
What is the standard of care in professional liability law?
Are there any limitations on damages that can be recovered in a professional negligence claim?
What types of negligence claims do professional liability laws cover?
How can a professional protect themselves from professional negligence claims?
What kind of damages can be recovered in a professional negligence claim?
When is a professional liable for damages resulting from professional negligence?
Are there any exceptions to professional liability insurance?

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