In our recent article, “10 Questions Personal Transportation Manufacturers Should Answer Before Selling a New or Redesigned Product,” we identified areas that should be addressed before a new product goes to market. One of...more
7/31/2019
/ Automotive Industry ,
Claims Made Policy ,
Commercial General Liability Policies ,
Deductibles ,
Liability Insurance ,
Manufacturers ,
Occurrence ,
Policy Exclusions ,
Product Defects ,
Self-Insured Retention Provisions ,
Startups ,
Umbrella Policies
Companies can save hundreds of thousands of dollars in litigation fees by taking proactive steps that put them in the best position possible to avoid potential legal claims and defend those that occur. From warnings to...more
The conventional advice to manufacturers and retailers of consumer products when assessing a potential product safety issue is typically as follows: “When in doubt, report.” And while it is still generally good advice to err...more