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How An Indemnification Clause In A Contract Can Causes Problems For Your Business

Risk transfers are a vital aspect of any comprehensive risk management plan.  Theoretically, those in the best position to avoid a risk should always bear responsibility for the risk.  The real world does not work that way, unfortunately.  Oftentimes, larger companies and larger contractors use risk transfers to try and push liability “downhill” – onto the backs of smaller companies with less negotiating leverage.

Will Your Insurance Policy Cover Risks From Indemnification Clauses?

Indemnification clauses in commercial contracts can present a number of potential issues.  When the parties to the contract do not properly think through or write out indemnification provisions to address these issues, it can lead to costly and dangerous unintended consequences.  Companies need to think through exactly what they mean when they seek indemnification from a contracting party and ensure their approach to indemnification issues comports with their approach to their insurance coverage.

Hauling Hazards: What We've Learned From The Takata Truck Explosion

After a recent trucking accident led to an explosion that killed a woman, the Federal Motor Carrier Safety Administration has ordered a trucking company to cease operations temporarily. 

4 Ways to Stay Safe in the Chemical Industry

Companies all over the world rely on some form of a safety program for their employees.  The question is: Which approach is the best option for them?