Have you ever opened your kitchen cabinet only to have the glass door shatter in your hands? Pulled over to the side of the road with a tire that suddenly lost air? Flipped the switch on an appliance and gotten a shock? If so, you’ve likely experienced the unsettling feeling of a product gone wrong. But have you ever stopped to wonder – who’s responsible when products fail? As...
Product Liability in the Digital Age – The New Age of Tech Liability
The 21st century has witnessed an explosion of technological advancement, with Artificial Intelligence (AI) and robotics at the forefront of this evolution. As these innovations shape our daily lives, they also introduce unique risks and challenges, leading to a transformative shift in the realm of product liability. According to a 2021 study by Accenture, 76% of executives believe that within...
What Is the Difference Between Product Liability and Professional Liability Insurance?
Are you confused about the differences between product liability and professional liability insurance? You’re not alone! In this article, we’ll break down the key distinctions in a simple and easy-to-understand way. We’ll explore the coverage and scope of both types of insurance, as well as highlight the key differences between them. So, if you’ve ever wondered how these...
Understanding Products Liability in the Pharmaceutical Industry: A Comprehensive Guide for Manufacturers, Distributors, and Retailers
Products liability is a crucial area of law that every manufacturer, distributor, and retailer in the pharmaceutical industry should have a comprehensive understanding and respect of. It encompasses the legal liability that these parties may face if their products cause harm to consumers due to defects, inadequate warnings, or misleading marketing practices. In an industry where the products...
Product Liability: Understanding Legal Responsibility and Consumer Protection
As a consumer, we trust that the products we purchase are safe to use and won’t cause harm or injury. Unfortunately, accidents can happen, and sometimes these accidents are caused by a defective product. When this occurs, it’s important to understand the concept of product liability and the legal responsibility that companies, manufacturers, distributors, and sellers have to consumers...
5 Common Examples of Product Liability Cases
In the United States, product liability law holds manufacturers, distributors, suppliers, and retailers strictly responsible for any injuries or damages that result from defects in their products. In some jurisdictions, such as the state of California, manufacturers can be held strictly liable for injuries caused by their products, meaning that the plaintiff does not need to prove negligence on...
Understanding and Managing Product Liability Risks for E-Commerce Businesses
In this article, you will learn about the concept of product liability and how it can affect your business as an E-Commerce product manufacturer, distributor, or retailer. You’ll discover the types of defects that can give rise to a product liability claim, and the steps you can take to protect your business from these risks. We’ll also cover the importance of investing in product...
Medical Device Product Liability: Understanding Your Rights and Options
Product liability is a legal concept that holds manufacturers, distributors, and retailers responsible for any harm caused by a defective product. This includes medical devices, which are subject to the same product liability laws as any other consumer product. Legal obligations of medical device manufacturers Medical device manufacturers have a legal obligation to produce safe and effective...