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Understanding Product Liability Law: A Guide for Consumers

Product liability lawsuits, such as those caused by defective products, are commonplace in the United States.  According to the Insurance Information Institute, companies paid out an average of $1.5 million every year between 2014 and 2020 in personal injury lawsuit settlements, excluding punitive damages.  Some of the largest settlements in history have been associated with design and manufacturing defects. Examples…

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