Re: Death of the Internet, Film at 11

[jim deleskie <deleskie () gmail com>]

Sure lets sue people because they put too many/bad packets/packets I don't
like on the internet.  Do you think this will really solve the porblem?  Do
you think we'll not just all end up with internet prices like US medical
care prices?

On Sun, Oct 23, 2016 at 4:41 PM, <bzs () theworld com> wrote:

> > So once identified, how do you suggest this gets fixed?
>
> Assuming these manufacturers who are culpable carry product liability
> insurance go to their insurance companies and explain the situation.
>
> Better would be someone launching a product liability lawsuit against
> one of them but it's not necessary, ins cos work on projections and
> probabilities as much as being reactive.
>
> The insurance companies will likely re-assess their risk on these
> policies and inform the manufacturers of any adjustment in premiums.
>
> If the premiums are adjusted up significantly the manufacturers will
> sit down with the ins cos and try to determine what needs to be
> improved in their product to bring premiums back down.
>
> Look at what Samsung just went thru with the Note 7. I'd imagine their
> product liability insurance premiums took a big hit. Even if they're
> self-insured they have to treat that as a cost center and make sure
> sufficient money to pay claims is going into that cost center.
>
> It's a button to push, so to speak, and has been successful many times
> in the past (cars, worker exposure to health hazards, etc.)
>
> --
>         -Barry Shein
>
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