By subject ' Liability Newsletter '
8 June 2017
Class actions without losses: A challenging US trend
If News 3/2017 Liability. In the previous edition of Risk Consulting Magazine, Håkan Larsson considered the issue of alleged mislabelling of consumer products in the US. The mislabelling issue is just one example of a growing trend, i.e. class actions by consumers who have not suffered any actual loss themselves. Håkan mentioned ways in which certain parts of insurance coverage could be triggered incidentally by such claims, for instance, through coverage for Advertising Liability or Directors and Officers.
In this article, Jonathan Long takes a look at the wider issues surrounding these class actions and the vexed question of whether insurers should consider meeting this problem head-on.
23 August 2016
Class actions in the United States – recent developments
If News 5/2016 Liability. The US legal system and levels of awarded damages are and have for a long time been fascinating subjects for people all around the world. For the general public the system is often viewed in the light of numerous movies and TV dramas and when compared to a Nordic trial, people sometimes get disappointed when they crosscheck our court systems. Corporations who risk being targets for these kinds of dramatic scenarios may not be that fascinated by the US way of resolving disputes and awarding damages.
11 November 2015
Cyber Risks for Industrial Control Systems
If News 8/2015 Liability. Industrial Control Systems (ICS) are typically not on the radar of organizations when they consider their cybersecurity, at least not yet. Examples include SCADA, DCS and PLC systems typically used to control utilities, equipment and machinery.
16 June 2015
Planning for a product recall
If News 5/2015 Liability.
When something goes wrong with a product in a way that represents a potential risk of causing injuries, a product recall can be necessary. Recalls are typically related to a specific group of products. Foods and beverages, toys, electrical appliances, cars and car parts have all frequently been subject to recalls but virtually all products can be subject to a recall.
10 March 2015
Managing risks in contracts
If News 2/2015 Liability. Companies that don't focus on contract management often fail to meet expectations with regard to quality of product or service and handling risks.