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Archives - September 2005


Canadian distributors in U.S. face product liability squeeze

For Canadian distributors in the U.S., the world has become a lot more complex, especially for those that manufacture. In general, the insurance companies know that the claim frequency is higher and the settlements are also greater in the U.S. due to the product liability exposures. The U.S. customer is demanding higher product standards and …


“Total Cost of Risk”

What is the total cost of risk in your business activities today? It has not changed when you look at it from a different angle than I know you are thinking right now. I am not going to talk about specific dollars. Let’s look at it from a different level. There are 4 components to …