Evaluating a product liability program is critical for any business that manufactures products for sale to both businesses and individuals. If the products are consumer goods or play a critical role in another product, the liability program, quality control and product documentation should be considered fundamental to the business. The potential risks associated with defective … Read more
When we think of product liability, our minds often go straight to the manufacturer—the company behind designing and producing the product. It seems natural that they would be the ones held responsible for issues like design defects, manufacturing defects, or even inadequate warnings. But here’s where it gets interesting: in several cases, companies that don’t … Read more
By: Eric AustinRisk Management Expertise Specialist — Products Liability When an organization produces goods, the hope is that the products are fault-free. However, there may be instances when a product could become dangerous to the public, and it’s the company’s responsibility to inform consumers about these risks. This responsibility is referred to as the “duty … Read more
By Eric Austin, Risk Management Expertise Specialist In nearly every industry and sector, there is potential for error and unforeseen circumstances. It is critical for businesses that are involved in the selling and distributing of products to implement and maintain a product liability program to reduce their company’s overall risk. A product liability program is … Read more
Guest Blog Author: Eric Austin (Amerisure Insurance) When most people think of products liability, their first thought is around whether a product is safe to use. When creating a product, manufacturers typically focus on design standards, product testing, and the risks associated with packaging, such as instructions and warning labels. These elements are crucial to … Read more
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