What a crock. Jury award, reasons stated. See link.
If you wonder if awards like this cost you money, the answer is yes. Current estimates are that the average consumer pays $2,500. per year
to cover the costs of the Insurance on the items they purchase. Any direct Insurance you may buy, is above and beyond that $2,500.
Insurance is really all tied together, through the various Reinsurances, that the known name Insurance companies purchase. So, your costs will be escalating as jury awards do.
www.insurancejournal.com
In this case, play stupid games, win big prizes.
If you wonder if awards like this cost you money, the answer is yes. Current estimates are that the average consumer pays $2,500. per year
to cover the costs of the Insurance on the items they purchase. Any direct Insurance you may buy, is above and beyond that $2,500.
Insurance is really all tied together, through the various Reinsurances, that the known name Insurance companies purchase. So, your costs will be escalating as jury awards do.
Gunmaker Sig Sauer Must Pay $11 Million Over Pistol That Fired Accidentally
Gunmaker Sig Sauer Inc. was ordered by a Pennsylvania jury to pay $11 million to a customer who alleged defects in one of the company's pistols led it to
www.insurancejournal.com
In this case, play stupid games, win big prizes.
