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Product liability insurance can offer important protection for businesses involved in the manufacturing, distribution or sale of products. Learn More About ManufacturingInsurance What does product liability insurance cover? Product liability insurance can provide important protections for manufacturing companies.
The court determined that the insurance company’s Employer's Liability EII exclusion clearly and unambiguously excluded coverage for "any and all intentional wrongs within the exception allowed by N.J.S.A. The court distinguished the case from prior cases, New Jersey ManufacturersInsurance v. Delta Plastics Corp., 2d 477 (N.J.
This is when clinical trial insurance can supply a safety net for trial sponsors, investigators and participants. Who needs clinical trial insurance? These stakeholders may be exposed to various risks during the trial phases, making insurance coverage crucial for their protection.
This higher cost of repair and labor can mean higher costs for insurancecarriers in the event of a claim. Because of this risk, electric vehicle drivers may have to pay a higher insurance premium, regardless of their driving record. Remember, bundling discounts can differ among insurancecarriers.
Remember to inform your insurer about your hybrid’s safety features, as this knowledge may translate to lower premiums. Work with an insurance broker who can do the quote shopping and leverage their insurancecarrier relationships to help you secure the best possible coverage.
Manufactured Housing. Indiana leaves licensing rules and regulations to the city and municipal governments, except for plumbers and manufactured home installers. Show proof of workers compensation insurance to the Workers Compensation Board. Workers’ compensation must be obtained from a private insurancecarrier.
When we think of workplace safety, we tend to focus on companies representing high-risk industries like manufacturing and health care. Did you know that many states require insurancecarriers to offer free safety services? Simply call your insurance agent or contact your carrier directly to see if you qualify.
Carriers could also roll out new types of formularies and products to provide more options for employers. Insurers say that PBM-carrier mergers will give them more negotiating power with manufacturers. A Smaller Marketplace with Less Flexibility for Fully Insured Plans.
The Court indicated that because the Board had not cited any legal authority for its conclusion, much less identify a federal statute that exposed the insurancecarrier to criminal prosecution, it would vacate the Board’s determination that the reimbursement would violate federal law. Workers’ Comp. It had chosen not to do so.
Check out this column in Employee Benefits Adviser : Very soon, all of the major insurancecarriers will have an in-house pharmacy benefit manager, a trend that could reshape consumer access to prescription drugs and impact the negotiations between insurers, drug manufacturers and pharmacies.
Examples of these taxes and fees include: Transitional reinsurance fee – designed to help stabilize premiums in the individual health insurance market for those with pre-existing conditions. Insurer excise tax – this tax on health insurancecarriers is expected to total $8 billion in 2014. Strength in numbers.
This Order shall apply to all insurancecarriers writing policies providing workers' compensation insurance coverage in the Commonwealth of Kentucky, self-insured groups, and any employer carrying its own risk and authorized to self-insure in the Commonwealth of Kentucky; and 5.
Spare Parts Coverage: This coverage is particularly important for classic car owners who may need to source rare and expensive Original Equipment Manufacturer (OEM) or fabricated parts for maintenance and restoration. Talk to a classic car insurance specialist to learn how Higginbotham can help you secure coverage for your classic auto.
About Flimp Flimp is a premier provider of employee benefits communications, educational content, texting, and decision-support tools for employers, consultants, enrollers, and insurancecarriers.
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