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product liability suits Tagged Articles
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6 Largest Products Liability Insurance Suits
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| Products Liability Claims
Manufacturing, distributing, marketing and reselling products can often seem like a harmless venture until there is a Product Liability Suit. |
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Other product liability suits Related Articles
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How to Deal with Difficult Business Partners
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All successful companies have one thing in common. On average, they carry more assets than they do liabilities. These companies are also quick to take note when something that was once an asset now has become a liability. They either try to make this new liability an asset again or they swiftly remove it from the company. This process may sound easy enough unless the liability you are thinking of is your relationship with your business partner. |
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Beware Time Liabilities
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| Are you surrounded by Time Liabilities? I define a Time Liability as:
a) anything that consumes time unnecessarily or
b) anything that causes you to spend time in activities that are less profitable than your most profitable activity.
If your filing system causes you to spend extra time doing $9 per hour clerical work, trying to find that important document you misplaced, then you have a Time Liability. If your workspace is so uncomfortable that you have to spend time at a chiropractor every month to correct your spine alignment problems, you definitely have a Time Liability! |
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Reserves and Provisions
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| Every prudently and systematically managed business concern makes some provision out of current profits for meeting an anticipated liability, redeeming a liability, replacing an asset or for some other important business purpose. |
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Education Based Marketing Can Increase Sales Results
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| Are you like all those other gray suits selling your products or services? Why not change your sales strategy and become the Red Suit in the Sea of Gray Suits through Education Based Marketing. |
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6 Largest Products Liability Insurance Suits
| |
| Products Liability Claims
Manufacturing, distributing, marketing and reselling products can often seem like a harmless venture until there is a Product Liability Suit. |
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General Contractors Liability Insurance, Certificates of Insurance, the Misnomers
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| General Contractors Liability Insurance, Additional Insureds, Certificates of Insurance, the Misnomers.
Regarding General Contractors Liability Insurance and General Liability Insurance Certificates, there is a grand misnomer running rampant through the construction industry in NY, NJ and MA.
I only speak about these states because I am familiar with their laws as they apply to the insurance, construction industry and the labor law. Please check your federal (OSHA), state, city and local government for laws as they apply to the construction industry and the labor law. |
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Sometimes the most common Promotional Products can be the most effective
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| Most companies are always pushing to do something new and different from their competitors and we find that many of our clients approach us for new and innovative promotional products. If the campaign suits a new and unique product then that it what we will definitely recommend. However, sometimes the most basic and 'boring' promotional products may be the most effective. Let's take Custom Printed Balloons as an example. |
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Determining the Business Entity Best for Your New Business
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| One of the most important matters that a person needs to focus on in the early stages of starting a business is determining the type of business entity to operate the business. You need to address this issue with the advice of an experienced business attorney in coordination with a certified public accountant.
Most individuals operate his or her business under one of the following entities:
1. Sole Proprietorship;
1. General Partnership;
2. Limited Partnership;
3. Joint Venture;
4. "C" Corporation;
5. "S" Corporation; or
6. Limited Liability Company.
While most new businesses are either an S corporation or a limited liability company, you should analyze each type of business entity to determine which is best for your business from a liability, tax, investment, legal, formation, operati |
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Insurance Defense Costs
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| Does Your Business Insurance Policy Cover Defense Costs Within the Insurance Limit or Defense Costs Outside of the Insurance Limit?
Did you know that a liability policy, which is part of any typical business insurance policy or commercial insurance policy coverage, has two distinct obligations? A liability insurance policy, if it is a general liability, product liability or professional liability insurance policy is designed to protect you against your legal obligation to pay others because you have hurt them and/or have damaged their property. A policy also defends you against claims or lawsuits. In other words, besides paying for claims or suits, a liability policy also pays for their related legal costs and court fees. |
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Retailer Stores Increase Product Liability Insurance Requirements for Manufacturers
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| This week one of America's largest retailers of baby products and home goods released their new Product Liability Insurance requirements to be imposed on makers of clothing, toys, play items, furniture, car seat, strollers and food items. (Hint the name has lots of B's in it) |
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