Business Services Industry
President willing to sign modest product liability bill. (Bill Clinton)
Business Insurance, June, 1998 by Hofmann, Mark A.
WASHINGTON - Product liability reform advocates are optimistic that they can beat the clock and get a modest, compromise product liability reform bill to President Clinton before Congress adjourns in the fall. The White House reached agreement with Sens. Slade Gorton, R-Wash., and John D. Rockefeller IV, D-W.Va., on a mild reform measure last week.
The two senators sponsored a product liability, reform bill that won the backing of the Senate Commerce Committee last year. The House has not yet taken up the matter during this Congress, a fact that makes swift Senate action more important, say supporters. Although the compromise draft falls short of a comprehensive product liability reform bill, S. 5, that passed both houses of Congress in 1996 only to be vetoed by...
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