Products Liability - KMRD Partners

Food Recalls and Nanotechnology – Kevin McPoyle’s Article in The Insurance Journal

June 22, 2016 / by KMRD Partners / One Minute From Normal Series / 0 comments

In the June 20 issue of Insurance Journal Risks Ahead: Food Recalls and Nanotechnology KMRD Partners President Kevin McPoyle considers risks from food recalls and nanotechnology to food insureds. As noted by Kevin, “With litigation and recalls now commonplace, it is critical for food insureds to think through and plan for the “when” as opposed to […]

Food Product Recall Risk Transference

March 21, 2016 / by KMRD Partners / One Minute From Normal Series / 0 comments

Quick Quiz: What do baby spinach, raw cashew pieces, barbecue sauce, fish batter mix, marzipan, ice cream, packaged salads, dried kiwi and mango and gourmet bread pudding have in common? These products, and more importantly the businesses which manufacture and distribute them, have all experienced market recalls since January 1. We are only 75 days […]

Risks Ahead. Watch out for foodborne illnesses!

February 5, 2016 / by KMRD Partners / Risks Ahead Series / 0 comments

The very young, the elderly, and persons with weakened immune systems are at greatest risk of serious consequences from foodborne illnesses. The Federal government estimates there are about 48 million cases of foodborne illness annually—the equivalent of sickening 1 in 6 Americans each year. Each year, foodborne illnesses result in an estimated 128,000 hospitalizations. These […]

Risks Ahead. Americans are twice as likely to get food poisoning from food prepared at a restaurant than from food prepared at home

September 11, 2015 / by KMRD Partners / Risks Ahead Series / 0 comments

The Federal government estimates there are approximately 48 million cases of food-borne illness annually. Approximately 1 in 6 Americans get sick, 128,000 are hospitalized and 3,000 die of food-borne diseases. The very young, the elderly, and persons with weakened immune systems are at greatest risk of serious consequences from most food-borne illnesses. For more information […]

Less Can Be More With Employee Hours

August 6, 2014 / by KMRD Partners / One Minute From Normal Series / 0 comments

KMRD Are You Ready for One Minute From Normal?

As the US manufacturing sector continues to be eclipsed by the service sector, the standard 9-to-5 job is being replaced by flexible work schedules. Along with this shift, service businesses are shrinking the number of hours between shifts. They are relying on smaller, leaner staffs to reduce operating costs, even as they stay open longer […]

Hall of Shame – No Products Liability Coverage for Chemical Company

August 4, 2014 / by KMRD Partners / Coverage Hall of Shame, Insurance Coverage / 0 comments

This scenario represents an actual coverage flaw in the manufacturer insurance program of a well run, profitable business. A manufacturer of specialty and fine chemicals, laboratory products, monomers, polymers, microscopy, histology, biotechnology, electronics and specialty products purchased an “Excess Products Liability Policy” to increase their depth of protection against lawsuits arising out of the sale […]

Hall of Shame – No Products Liability Coverage For No Reason

August 4, 2014 / by KMRD Partners / Coverage Hall of Shame, Insurance Coverage / 0 comments

This scenario represents an actual coverage flaw in an insurance program of a well run, profitable business. The General Liability program of a manufacturer included the following endorsement: The company’s website defined their target market to include the Medical, Satellite, and Aerospace Industries! It was later discovered that client was aware of this gap in their […]