Are Nanobots Really Already Here?

The effects of rapid technological advancement I read an article on the Next Big Future about nanobots currently being used to treat a terminally ill leukemia patient.  Without the DNA nanobot treatment, the patient would only be expected to live…

5 Risk Management Steps to Prevent Product Liability Claims

Being proactive lowers the risk of costly claims Step #1:  Design with safety in mind The first and most important step for risk management is during the product design phase.  During this phase you should take into account how your product…

Dietary Supplement Industry is Its Own Worst Enemy

Fallout from ongoing negative reports The dietary supplement industry’s gaffs continue to add up. I have written several blog posts about the dietary supplement industry and, unfortunately, nothing has been very positive. One of my first posts was about how testing…

How Negligent Was GM on Ignition Problems?

Negligence in terms of product liability It took 42 deaths, 58 injuries, 2.7 million cars recalled and 13 years of errors and a cover-up before  any definitive action, a product recall, was taken to prevent GM’s vehicles from killing more…

Drop Shipping and Quality Control

What are the importer’s responsibilities? The term drop shipping often has two very different meanings to the business owner and the insurance underwriters. Most business owners will tell you drop shipping means they are not responsible for the products. Many business owners…

Solar and Hydrogen Energy Finally Coming of Age

What it means for your business Solar energy currently represents only one percent of the world’s energy supply. But what if I told you that within the next 15 years solar energy could supply 100 percent of the world’s energy…

Nanotechnology Speeds Up Product Development and Growth

A look into the not-too-distant future It’s no wonder Product Liability underwriters struggle with nanotechnology products and risks. Typically, product changes are relatively minor. However, when it comes to nanotechnology, changes can have life-altering impacts on the environment and the…

Driverless Vehicles

The good, the bad and the interesting I just read that in January 2015 the United Kingdom will allow driverless cars on public roads.  Can this be true? And if so, what does it mean for the citizens of the…

E-Cig Distributor DOs and DON’Ts

Things you may not have thought about Studies, so far, have not determined the typical four ingredients in e-cigs – liquid nicotine, propylene glycol, vegetable glycerin and food flavoring – to be serious health hazards, as long as the ingredients…

5 Steps to Getting a Better Product Liability Quote

Help us help you. Since we specialize in start-up businesses, I probably receive at least 50 calls per week from manufacturers, distributors and importers looking for a product liability insurance quote. Here are five steps you can take that will help…