5 Tips for Start-up Businesses Having Trouble Getting Product Liability Insurance

Karen K. Klein makes some good points in her article “When You Can’t Secure Product Liability Insurance” in BusinessWeek. These two show why it’s sometimes difficult for start-up businesses to get Product Liability insurance: Premiums for even low-risk products are often…

Children’s Product Companies are Getting Buried by High Cost of Compliance

The Consumer Product Safety Improvement Act of 2008 is causing a real strain on importers and manufacturers of children’s products. The question many have is – will the new chair, Inez Tenenbaum, bring clarity and relief to small businesses.

Why Are My Premiums So High?

What every Product Liability insurance shopper wants to know There is a primary reason most start-ups and small businesses don’t qualify for low minimum premiums for product liability. It’s because they don’t qualify to place with a standard or admitted…

Custom Motorcycle Manufacturer Sued for Product Defect

Were they cruising for a bruising? I work with hundreds of different types of manufactures and distributors, but custom motorcycle manufacturers really stand out in the crowd. As a whole, this group is like the motorcycles they design and manufacture:…

$1.5 Million Settlement for Foggy Goggles

Anti-fog goggle issues still unclear Did you hear about the Pennsylvania man who was awarded $1.5 million because his goggles fogged up while water skiing? He hit a log and was seriously injured. On the surface this seems reasonable, but…

Pollution Liability Insurance for Manufacturers, Importers

What’s not covered by your Product Liability policy The pollution exclusion is one of the most overlooked and devastating exclusions in a Product Liability policy. Many manufacturers and importers of equipment such as machinery, piping and hoses overlook the fact…

Naming Multiple Defendants in a Product Liability Lawsuit (Infographic)

Who gets sued? Product Liability clients being sued for damages are usually amazed at how many parties are named in the lawsuit. They’re also surprised by how many of the named parties have little or no connection to the product. Keep…

U.S. Companies Outsourcing in China

The Epic questions that need asking As a native of Charleston, S.C., I was particularly interested in the story about the Charleston-based Epic Kayak lawsuit against its Chinese manufacturer. Apparently, Epic Kayaks outsourced the manufacturing of its kayaks to Flying Eagle Boat…

Product safety in the U.S.

The human cost There was something both comforting and disturbing about a conversation I had with a Product Liability wholesale broker. He has a prospect who designs and manufactures commercial slides for waterparks. We talked about the type of claims typically…

The Pre-emptive Defense for Medical Products

What will Obama do? Many journalists are convinced that President Obama’s administration is out to completely strike down pre-emption as an effective medical liability defense by medical manufacturers. In 2009, the Supreme Court ruled in Wyeth v. Levine that state juries…