Why should the equipment breakdown insurance industry care about 3D printing? Despite being around for decades, 3D printing is now becoming commonplace in manufacturing. And with every new product made comes not only benefits, but also the need to adapt to new and different circumstances.
Globalization and the expanding use of cutting-edge technologies have introduced potential exposure to liability that can snowball in a hurry.
Larger commercial insurance brokers are starting to troll for clients in the so-called “middle market,” previously the preserve of regional and local intermediaries
The risks of product liability can be unexpected – particularly when something as benign as carrot juice or spinach can cause illness or death and require massive product recalls.
In a report released Feb. 27, “DNA for Peace: Reconciling Biodevelopment and Biosecurity,” experts at the Canadian Program on Genomics and Global Health (CPGGH), part of the University of Toronto’s Joint Centre for Bioethics (JCB), calls for a global network…
While many insurers have written food-processing risks with a lenient attitude – with an eye cast at the food processing industry’s historically attractive underwriting result – warning lights are now beginning to blink, suggesting that litigation involving the entire food processing enterprise, both animal and human, may be the next big thing in long-tail product liability.