David Kirkpatrick

May 22, 2009

Making a case for renters insurance

Filed under: Business, et.al. — Tags: , , , , — David Kirkpatrick @ 3:23 pm

I’d hazard a guess most renters don’t carry renters insurance. I know all the years I rented apartments and houses not once did I have insurance, and it was a bad idea. Suffered one break-in through the sub-par back door of a rental house, and got lucky to never have any damage or loss due to fires or flooding in all the places I lived before buying a house.

Here’s an article from WeCompareInsurance.com that outlines why renters insurance is a good idea. And not to mention it is very cost effective for the security renters insurance provides.

From the first link:

Carrying renters insurance may rarely be a provision in a rental agreement, but protecting your possessions and yourself against liability through renters insurance is a very good idea for a number of reasons. Your landlord will likely have a commercial property or homeowners insurance policy on the structure you are renting, but that policy does not cover your possessions such as furniture, clothing, electronic equipment and other belongings. Beyond protecting your property, the liability provision in renters insurance protects you against legal action for personal injury or property damage caused by you, members of your family and even your pets. Even though renters insurance is relatively inexpensive it does pay to compare renters insurance policies to find the best deal.

One of the best reasons to carry renters insurance is there are many factors affecting your household that are largely, if not completely, out of your control as a renter. These include the upkeep and overall condition of your rented house, condo, apartment or other structure, and who might be living around you. Renters insurance helps protect you from loss from any problem arising because of one of these elements.

February 3, 2009

Nanotech facing additional oversight

I do think public safety ought to be a priority, but I’d also like to make sure regulatory actions are not unnecessary overkill. It would be a shame to stifle innovation in nanotechnology.

The release from this evening:

Risk-Management Policies Needed Now in Nanotechnology, Insighter Piece Concludes; FDLI Sponsors Nanotechnology Meeting, Publishes Book on FDA-Regulated Products

WASHINGTON, Feb. 3 /PRNewswire-USNewswire/ — Companies that manufacture products containing nanomaterials must immediately institute high-quality risk management and product stewardship measures to limit potential liability exposure in the future, assert attorneys Jesse Ash, Antony Klapper and James Wood.

This issue will be thoroughly explored at FDLI’s 2nd Annual Conference on Nanotechnology Law, Regulation and Policy, February 18-19, 2009, in Washington, D.C., and discussed in a book to be published by FDLI February 17, Nanotechnology & FDA-Regulated Products: The Essential Guide. At the conference, six top officials of the Food and Drug Administration will answer questions about how the new Administration intends to regulate nanotechnology products.

In their Insighter article on the Food and Drug Law Institute’s website (www.fdli.org), Ash, Klapper and Wood, part of a team of more than two dozen attorneys involved in nanotechnology issues at the law firm of Reed Smith, note that while there has not been a single lawsuit filed where someone claimed injury because they were exposed to engineered nanomaterials, many scientists are raising questions regarding the manufacturing of nanomaterials and its effects on workforces, researchers and consumers.  “For example,” they write in the Insighter piece, “some scientists wonder whether engineered nanomaterials will become the next asbestos.”

The attorneys point out that a recent study indicated that certain types of carbon nanotubes, graphite-based structures commonly used in nanotechnology applications, both resemble and behave like asbestos fibers.  Because they are as light as plastic and stronger than steel, carbon nanotubes will likely see use in a variety of new applications, including medical nanodevices.  Based on toxicity studies, scientists found that inhaling long, thin multi-walled carbon nanotubes had the potential to cause lung disorders similar to those caused by exposure to asbestos.  Because there are many unanswered questions regarding risk, it is essential that companies follow the principles of good product stewardship activities and good risk management strategies in the design and manufacturing of products made with engineered nanomaterials, the authors conclude.

To register for the conference, order the book or view the entire Insighter article, visit www.fdli.org

Source: Food and Drug Law Institute