Shigehisa Takada, chairman and chief executive officer of Takata Corp., attends a news conference in Tokyo, Japan, on Mon., June 26, 2017. Takata filed for bankruptcy protection in the biggest corporate failure in postwar Japanese manufacturing, after liabilities from millions of recalled air bags became too much for the firm to bear. (Tomohiro Ohsumi/Bloomberg)
One common misconception about product liability insurance is that only manufacturers need to worry about being sued as the result of a faulty product.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Rosalie Donlon
Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].
