Liability Protection Quotes

When you contribute to an open-source or a shared solution, and there's a liability issue that arises from the use of that solution, how will this be tracked back to individual contributors?

Since the 17th century, insurance agents have been the foremost experts on risk.

Congress must make it clear that common animal waste will not expose farmers to liability under Superfund, while ensuring continued action to clean up legitimate hazardous waste sites around the nation.

I never use debit cards. I only use credit cards. This way, if someone does get my account number... and charges $1 million, by federal law, my liability is zero.

Imagine if you borrowed your parents' car without permission and ran it into a tree, how much better you'd feel if you were incorporated.

You don't want to move in with someone and find out that they don't have auto or health insurance. That's a rude awakening.

How do commercial interests usually protect themselves from liability claims? Through insurance. In fact, in our society, the litmus test for safety is insurance. You can be insured for almost anything if you pay enough for the premium, but if the insurance industry isn't willing to bet its money on the safety of [biotechnology], it means the risks are simply too high or too uncertain for them to take the gamble.

The corporation is one of the great unheralded human inventions of destruction. It is a way to absolve from any personal liability a bunch of people. They form together in a massive ID and they do whatever they want.

We took the insurance companies out of the driver's seat.

Banks are so protected from liability they would have to really do something that was their mistake in order for them to be liable for it. Banks don't look at signatures. They're processing millions of checks and they have very little liability.

This is something - we have to have the best defensive capabilities. We need to coordinate all of our efforts with the private sector. We need to give them liability relief so that we can do that.

If there wasn't any business and it was just strictly basketball, then there would be no issue, it would probably be done by now. But the team has to protect.

I think it would be a great improvement if there were no D&O insurance . The counter-argument is that no-one with any money would serve on a board. But I think net net you'd be better off.

Raise your auto and home deductibles to $1,000 or more, and your premium cost falls at least 10 percent.

They wrote it that my moustache was insured for 13 million.

It's interesting that there are only two groups of people in our country who are not held accountable for their behavior or decisions. One is exempted by the constitution, and that is foreign diplomats. The other, through a loophole, is HMOs.

Under current law volunteers who are not working with an official nonprofit organization are not covered by the Volunteer Protection Act. Therefore, there are absolutely no legal protections for the average American who wishes to volunteer.

It ends a 40-year ban on exporting U.S. oil. It's changed - it's included in its cyber-security legislation - that says to private companies, hey, if you share with us your data on your cyber-attacks, your potential cyber-attacks, we'll give you liability protection. And they authorized a health care program for 9/11 responders for 75 years to cover the length of their lifespans.