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Negligent Entrustment – How Far Does Your Responsibility Go?
A jury in Texas determined one oil services company’s lack of responsibility equated to a will face a $101 million verdict. At the root of the case? The lack of adherence to company policy. We are seeing the award amounts given because of negligent entrustment continue to grow. As this company learned, policy may look great on paper, but it won’t be enough to save from damages. Contact us to find out how risk management strategies can help protect your company.
Click below to read more about the verdict, and ask yourself if you have the risk management strategies in place.
What type of insurance do you need?
Leavitt Risk Management Center
Protect your company with Leavitt Group’s Risk Management Center. This unique web-based suite of safety and risk management tools is designed to empower your organization’s risk prevention efforts.
