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  1. Mar
    16

    What protection do I need for becoming a guarantor of payment?

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    “What was your big dream as a kid finishing college? To quote my nephew Daniel Simons, ‘After college, I will hopefully have secured a job in my career and will relocate to wherever I can be of best use to my future employer.’ In other words, like so many other college students these days, Daniel doesn’t …

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  2. Dec
    19

    Advice To Reduce The Likelihood Of A Winter Weather Loss

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    “Extreme winter weather has been a major issue throughout much of the U.S. in recent years. In fact, it was the most common cause of loss for PURE members in 2015 with more than 700 claims accounting for around $50M in losses – the majority of which were due to ice dams and frozen pipes. …

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  3. Dec
    07

    Five Steps to Help Keep Liability in Check During Clinical Trials

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    “There is perhaps no riskier time in a product’s development cycle than during clinical trials. With the introduction of human research subjects, patient safety is paramount. Any failure to uphold rigorous standards not only leaves your company subject to the threat of costly litigation, it can cause irreparable damage to your reputation.” To continue reading, …

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  4. Dec
    01

    Risk on the Front Line: Tips for Managing Sales Force Liability

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    “Your sales force is one of your most important assets. On the front line, they’re your company’s connection to the medical community and an important source of both profits—and potential product liability. Developing appropriate policies regarding sales force liability exposures—and properly training and supervising representatives regarding these policies—can go a long way in reducing your …

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  5. Oct
    14

    How do I properly insure both my yacht and its crew?

    Posted by

    “Many of my high net worth clients regard their beautiful, hard-earned super-yachts as the “golden ring” of their success. These golden rings can range in value from $3 million to $20 million . . . or even as high as $1.5 billion. Yes, billion (see Eclipse, owned by Russian businessman Roman Abramovich, with a crew …

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  6. Oct
    07

    Risk Management for Life Sciences Companies: The Complexity of Claims-Made Liability Coverage

    Posted by

    “Life Sciences product liability claims can be particularly complex due to potential lag time in incidents of bodily injury or other losses occurring. This potential delay was the ultimate historical cause for the creation of claims-made coverage, the type of liability coverage afforded to Life Sciences organizations (versus the traditional occurrence-based coverage).  Ironically, it is …

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