Having adequate contractors liability insurance in place to safeguard your contracting and construction business against the always growing
risks of a potential lawsuit from an accident, injury, or even an illness is extremely important.
It is a false «paper trail» to justify terminating an employee, or to induce an employee to resign instead of being fired, thus saving the employer both the expense of severance and
risk of a potential lawsuit.
Not exact matches
In a joint report, The Sunday Times and ProPublica, an American investigative journalism enterprise, yesterday detailed a libel
lawsuit against Henrik Thomsen, a Danish clinician who is among those that alerted patients and regulators to
potential risks of a drug called Omniscan that is administered to people receiving MRIs in order to improve the images.
A woman diagnosed with ulcerative colitis received a $ 10.5 million award for pain and suffering in a
lawsuit filed against the company, and was awarded $ 78,500 for medical expenses after her attorneys proved the company knew
of a
potential risk of IBD from Accutane, and failed to report it to the Food and Drug Administration (FDA).
Due to the link between higher
risk of heart problems with testosterone treatment, many
lawsuits have been filed against drug manufacturers for failing to warn customers
of the
potential heart
risks.
A products liability
lawsuit can also be brought for a manufacturer's failure to warn
of potential risks.
There are grounds for
lawsuits based on negligence, failing to monitor the safety
of a prescription medication, misleading consumers
of the
risks of a medication, inadequately labeling a prescription medication and ignoring
potential risks of a prescription medication.
Previously, such employers ran the
risk of an IME request being unjustified or ordered in bad faith, and as a
potential basis for, or a contributor to, a subsequent discrimination complaint or wrongful dismissal
lawsuit.
As it turns out, some insurance companies consider certain breeds, especially pit bulls, to be a high
risk of potential liability and
lawsuits from dog bites, leading to substantial medical costs, settlement size, and corresponding payouts.
Of course, in addition to providing the
potential for financial success, business ownership can lead to losses due to hazards such as fire, severe weather, liability
lawsuits, and other industry - specific
risks.
Any local business that provides the goods and services needed by the residents
of Bastrop has the
potential to thrive, but is also at
risk for large financial losses caused by such hazards as severe weather, property crimes, and liability
lawsuits.
The
risks faced by landscapers include the
potential to damage a client's property, injuries for your employees or someone in the vicinity
of work being performed,
lawsuits, or financial loss if your company is not able to produce work for a period
of time.
With the growth
of background screening as a routine tactic for
risk management, more and more employers are vulnerable to class action
lawsuits, even when
potential violations are minor and unintended.
The first thing brokers can do to mitigate the
risk of an agent tarnishing their business's reputation — or opening up the
potential for a
lawsuit — is to develop and enforce a social media policy.
Is it just «easier» to do without a security deposit and leave yourself open to that
risk rather than the
potential for a
lawsuit if you don't follow one
of the many, many, many rules around the deposit?
In contrast, if that property were owned by an LLC, the owner's
risk exposure would be insulated by the protection
of the company, leaving only the assets owned by the LLC (as opposed to all
of the owner's personal assets) exposed to
potential lawsuits.