Liability roundup

One Comment

  • The companies’ employees were negligent.

    The companies did not institute practices that would reduce the number of accidents.

    Accidents occurred. Damages would have been manageable if the company had better risk management. Since they did not, they paid. Or, rather, their insurance paid.

    So, the solution is easy. Employ better methods for ensuring safety compliance. then the number of accidents will be reduced, damages,will go down, as will insurance rates will decrease.

    In sum, the Torts system is working. The alternatives are allowing more accidents or having government regulate more.