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Article: CISA meeting focuses on liability issues. (Casting Industry Suppliers Association)
- Article from:
- Modern Casting
- Article date:
- October 1, 1989
- Author:
CopyrightCOPYRIGHT 1989 American Foundry Society, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CISA Meeting Focuses on Liability Issues
The cost of liability insurance and litigation to U.S. business and industry may only get worse as environmental, health and safety matters put a whole new face on the question of liability. But some say that the fear of liability is having an even more profound effect on manufacturing in this country.
Addressing the 1989 annual meeting of the Casting Industry Suppliers Assn on July 13-15 in Lincolnshire, IL, R. J. Simonds of the Chicago merger and acquisition firm of Rollins, Burdick and Hunter told the group that one of the consequences of product liability not often recognized is that of "reduced innovation." ...