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The Top 3 Things Risk Managers Can Do to Minimize the Impact of Potential Litigation : Risk & Insurance

Nuclear verdicts in lawsuits, particularly those concerning product liability and personal injury, have increasingly become a problem for many sectors. According to Thomas Reed, Vice President of the North America Claims Group at Allied World, risk managers must prepare themselves against potential litigation. He provides three tips that include defending against plaintiffs’ tactics, preserving crucial documents and evidence, and maintaining regular communication with your insurance carrier.

Source: riskandinsurance.com –

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