The 4 Components of Cyber Liability Insurance

Protecting your business from an ever-evolving risk What is Cyber Liability Insurance? If you are like me and most of the population, you are not completely sure. It is very much like technology in that it’s always evolving and expanding….

Consumer Protection for Technology Products

Is anyone really looking out for the consumer? The Internet has often been referred to as the wild, wild West of the cyber age. It’s difficult to know whether websites, apps, portals and cloud-based programs are wearing black or white…

Product Liability Risks in the Cannabis Industry

Issues surrounding labeling, dosing, etc. of edibles We continue to follow the discussion on the risks associated with the legal marijuana industry. These risks include motor vehicle accidents, theft, and consumption-related bodily injury and property damage. The insurance industry is…

The Rising Trend in Product Recalls

What’s behind it? We recently reported about an overall decrease in the number of product recalls. However, we also pointed out the two exceptions to that are products in the automotive and food categories. Both saw substantial increases in 2016….

VIDEO: 5 Steps to a Better Product Liability Quote

Tips from the start-up specialists We receive at least 50 calls every week from manufacturers, distributors and importers looking for Product Liability insurance quotes. Our video offers five steps you can take that will help you get a quick quote…

Cannabis Industry Finding Insurance Coverage with Smaller Carriers

Niche brokers and carriers filling a void in a high-risk industry As more and more states legalize marijuana for recreations and medicinal purposes, we see legitimate cannabis-based businesses popping up. These are both brick-and-mortar establishments and on-line operations. Of course,…

Recalls and investigations swirl around eclipse glasses and fidget spinners

What happens when you don’t follow the rules Apparently many of the parties involved in selling and distributing faulty eclipse glasses and fidget spinners didn’t follow the 5 Risk Management Steps to Prevent Product Liability Claims.  Being in a rush…

FDA Deals a Blow to the Vaping Industry

Vaping industry and consumers feel the burn of court rulings We’ve followed the debate about the pros and cons of e-cigarettes for quite some time now. Two courts recently weighed in on the side of those against vaping. Maybe the…

The high cost of not reporting product safety issues

Company penalized $4.64M for allegations of failure to report Apparently not everyone is familiar with the adage that ignoring a problem won’t make it go away. And when you’re talking about product safety, ignoring a problem not only won’t make…

When Technology Outpaces Product Liability Laws

Wrestling with the increased exposure that comes with automation Everybody knows that advancements in technology can lead to great benefits, such as efficiency, access to information, improved health, and safety. But these same advancements can also open up greater product…