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CHAPTER ITHE NATURE OF THIS REPORT AND THE CAUSES
THE FEDERAL INTERAGENCY TASK FORCE ON PRODUCT LIABILITY
AN OVERVIEW OF THE CONTENTS OF THIS REPORT 118
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accident amount of damages average cost carrying product liability cause Chapter claims experience Closed Claim Survey collateral source rule consumer contingent fee contributory negligence cost per thousand courts damages sought deductibles defective defendant employer estimates Federal Federal Insurance Administration firms reported impact indicated Industry Study insurance companies insurance costs Insurance Services Office Insurance Study jury large firms Legal Study limits of liability manufacturers million negligence number of claims pain and suffering payment pending claims percent percentage period plaintiff premium increases product categories product liability claims product liability coverage product liability insurance product liability law product liability premium product liability prevention product liability problem product-related products coverage programs punitive damages reinsurance remedy risk small firms standards Sterling Drug strict liability subrogation substantial suggested supra note Table Task Force telephone survey tort trend umbrella coverage underwriting warn Worker Compensation