Consumer product manufacturers, importers, distributors and retailers take heed. The US Consumer Product Safety Commission (CPSC) has been among the most active government agencies in the last four years. Companies must be proactive to ensure regulatory compliance and to protect their brand. This article suggests means to proactively design an effective product safety and regulatory compliance program.
Check out this 2014 Communicator Award-winning column! The author discusses the importance of being realistic and pragmatic about dangers and probabilities instead of anticipating the rare, colossal corporate slip-up.
Through evaluation of psychological forces of loss aversion, Bill Mordan stresses the importance of making a conscious effort to avoid forces that may prompt one from not making the best decisions possible.
This article describes the facts of the case, the arguments and the ruling in the Washington state-based case of Fidelity and Deposit Company of Maryland v. Dally, evaluating the indemnification claims involved, and more.
Social networking is no longer relegated to personal communications; businesses are increasingly using Twitter, Facebook and LinkedIn to strengthen their relationships with consumers. While benefits of social networking are numerous, these sites have become increasingly attractive targets in litigation. This article discusses how organizations can mitigate the risks associated with social networking through thoughtful and proactive planning.
ACC members answer the following questions: Do we need malpractice coverage to protect ourselves against claims of clients, shareholders and third parties, or is D&O enough? How do the policies work, what do they cost, and how does one justify the cost?
This article sheds new light on an oft-discussed issue: What to do about employee use of personal electronic devices?
It’s hard to envision a medical evaluation without a stethoscope. Invented in 1816, it revolutionized the information-gathering capabilities of doctors. Nowadays, many medical devices contain configurable embedded computer systems. Where there are computers, there are vulnerabilities. Learn more about the cybersecurity risks of medical devices.
Public sector workers who are compulsorily transferred to an independent provider of public services will in future be able to retain access to their current public sector pension arrangements. This article looks at the new policy and its implications for employers tendering for contracts to provide public services.
The government indicted two executives for alleged criminal activities related to their employment. The company's bylaws provide for both advancement of fees and indemnification of these executives. The government successfully argued to the lower court that the executives' should be prevented from receiving reimbursements under the indemnification policies. Indemnification policies serve important public and internal corporate purposes in attracting responsible executives.