The Vendor’s Endorsement

In product liability action, it is not unusual for a distributor or retailer to be named as a defendant in lawsuits stemming from bodily injury or property damage caused by a manufacturer’s product. A vendor’s endorsement can be added to a general liability policy...

Lawsuit could change brokers’ world

A nearly $2 million judgment against a Florida yacht brokerage has left brokers puzzled and concerned as they reconsider – in light of this case – how much protection the “as-is” clause in most sales contracts affords them.