Nearly every state requires drivers to have some form of financial responsibility to ensure the ability to pay for certain costs associated with traffic accidents. (dmv.org)
Consumers often don't realize that homeowners insurance doesn't cover certain costs related to major damage. (simplethriftyliving.com)
It was also criticized for ignoring certain costs in its financial statements, a practice that allowed bonuses to be awarded to management during the frequent periods in which the company lost money. (canadianbusiness.com)