The Importance of Product Liability Insurance in International Trade
Due to the different legal systems and universal awareness of rights protection in the countries of the importing countries, the pressure on claims from domestic suppliers when exporting to the US and Canada is increasing. …
Announcing! Product Liability Insurance Program designed for SEMA members
Over thousands of injuries are caused by defective or dangerous products every year in the United States. Product liability laws are the major standards to measure who …
Products Liability Exposure to Tire Industry
When it is alleged that a defective tire potentially in an accident, the claimant can file a personal injury claim against the manufacturer, the distributor or the seller of the tire. …
What is Errors& Omissions (E&O) insurance?
Your company is a respected custom data programmer. You are hired by an investment firm to calculate and provide an online interface to clients about their 401k investment balances. In the process of developing this program, your employee incorrectly instructs the computer to round up a calculation to the next highest cent instead of truncating the calculation. …
How does insurance company make money?
Product Liability insurance provides coverage for claims against manufacturers and sellers of products to the general public like tires, power sports, tools, dietary …
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