What is the purpose of professional liability insurance?

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Are there any exceptions to professional liability insurance?
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Are there any limitations on the amount of damages that can be recovered in a professional negligence claim?
Is professional liability insurance required for any profession?
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What is a compensation order in professional liability law?
What is the role of the professional liability insurer in a professional negligence claim?
What is the role of insurance companies in professional liability law?
What is the standard of care required of a professional in a professional liability law dispute?
Are there any statutes of limitations that apply to professional negligence claims?

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