Product liability is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause.
| |
|
This exposure mainly falls on manufacturers though there have been instances where in the first instance claims have been lodged on the local suppliers / agent.
|
The claims most commonly associated with product liability are negligence, strict liability, breach of warranty, and various consumer protection claims. Each type of product liability claim requires different elements to be proven to present a successful claim.
If you are involved in such an activity it is essential for you to review your exposures in detail.