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Product Liability Risk Retention Act of 1979: Hearing Before the Committee on Commerce, Science, and Transportation, United States State, Ninety-Sixth ... April 22 and July 30, 1980 (Classic Reprint) - Softcover
Synopsis
Unpack the congressional debate on product liability and insurance reform
This transcript captures the 1979–1980 hearings on the Product Liability Risk Retention Act, showing how lawmakers, regulators, and industry voices weigh a plan to let sellers pool risk and buy group insurance.
The book presents opening statements, bill texts, witness testimony, and supporting material from a wide range of perspectives. It offers a window into legislative process, policy arguments, and the practical concerns of small businesses, insurers, and consumer groups.- Background on risk retention groups and the goal of group-based product liability insurance
- Arguments for and against federal preemption and state regulation in this area
- Prepared statements and letters from industry associations, regulators, and stakeholders
- Notes on the legislative process, committee discussion, and drafting considerations
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Product Liability Risk Retention Act of 1979 (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book presents the Risk Retention Act, a significant piece of legislation that allows businesses to safeguard themselves against product liability claims by forming self-insured cooperatives called risk retention groups. The act's main objective is to provide a cost-effective and flexible alternative to traditional insurance for businesses, particularly small businesses, that struggle with the rising costs of product liability insurance. By empowering businesses to form risk retention groups, the Risk Retention Act aims to promote competition among product liability insurers, reduce the outflow of capital to offshore jurisdictions, and facilitate the prompt payment of valid claims for individuals harmed by products. The book also explores the legal and regulatory framework surrounding the formation and operation of risk retention groups, offering valuable insights into the complexities of product liability law. Overall, this book provides a comprehensive understanding of the Risk Retention Act and its implications for businesses, insurers, and consumers alike, making it an essential resource for anyone seeking to navigate the intricate world of product liability risk management. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781331711575_0
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Product Liability Risk Retention Act of 1979 Hearing Before the Committee on Commerce, Science, and Transportation, United States State, NinetySixth April 22 and July 30, 1980 Classic Reprint
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781331711575
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Product Liability Risk Retention Act of 1979 Hearing Before the Committee on Commerce, Science, and Transportation, United States State, NinetySixth April 22 and July 30, 1980 Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781331711575
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