Strategies For Defense And Indemnity Tenders In Product Liability Claims

  Tuesday, January 31st, 2017 Source: The CLM

When it comes to product liability claims, don’t “put the blame on me” if it’s not my fault; put it on the person or company that deserves it. Product liability claims present an important opportunity to consider shifting risk by way of a tender. This is because, oftentimes, there are other entities that may be legally responsible for a claim or loss, but frequently opportunities are missed to make those parties accept their obligations. So before engaging in an analysis of whether to settle or fight a claim or lawsuit, an important claims resolution strategy should include a consideration of whether the risk can be shifted to another entity.

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