If your client’s business produces products – even if they have a small, home-based company – they need Product Liability and Product Recall insurance. Businesses of all sizes are vulnerable if any of their products are defective or recalled. Half a million new businesses started in January 2021, and most were small businesses selling products,...
Also referred to as errors and omissions insurance or an E&O policy, professional liability insurance is coverage for professional services such as accounting, medical or healthcare, and legal work from claims filed by their clients for acts of negligence. Many of the professionals working in these fields don't have an accurate understanding...
If you clients have never experienced product recall, they may not understand the risks involved. You can be a great resource to your clients by mitigating that risk before it puts a strain on their resources. Minimizing the damage your clients may experience as a result of a product recall requires two things: a comprehensive response plan a...
If your client doesn’t have product liability insurance for their business, they shouldn't be in the business of creating products. Sounds like a bold claim, doesn't it? But let’s examine the facts as to why: In the event of an accident, it is up to the court to determine if negligence occurred and whether or not the manufacturer/seller should be...
Almost all private employees in the United States can collect workers’ compensation if they are injured on the job. Railroad employees are the exception to the rule, as they must file for damages through The Federal Employers Liability Act (FELA). FELA was created in 1908 when railroad use was expanding rapidly in the United States. The industry...
For businesses who manufacture and sell their own products, there’s always the lingering threat of risk associated with their business. The off-chance that one of their products could fail or malfunction, causing an injury or pain in some way is not something that companies want to think about, but should be aware of. From allergic reactions to...
Jencap offices will be closed Monday, July 4th in observance of Independence Day.