Product Liability

Coverage will help medical technology, pharmaceutical, biopharmaceutical and digital health companies with the costs of product-related claims.

Mistakes happen. Professional liability insurance protects both your customers and your personal assets.

High-profile product liability lawsuits have been making headlines, pointing to several factors agents should keep in mind when offering product liability.

As the frequency and severity of product liability claims continue to rise, the product liability market is facing some challenges.

As life science businesses prepare for another flu season, and as COVID-19 cases increase, now is the time to encourage clients to take measures against product shortages.

Whether insureds sell through an Etsy store, a retailer selling products online or even at a farmers market, any parties involved in the product chain can be liable for a customer’s injury.

Given the number of civil filings made in 2022, personal injury awards are putting pressure on the product liability insurance market as nuclear verdicts become the norm.

A product recall policy is much broader than its name suggests, covering recalls, stock recoveries when the product is still in the insured’s possession, and market withdrawals.

Even though small businesses put a lot of work into manufacturing high-quality products, there is always the chance that products could fail to work properly and cause harm to a consumer.

The new policy offers features including coverage for claims made against an insured person solely because they happen to be a plan fiduciary.