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2024 has seen significant changes in the product liability landscape, with some jurisdictions retaining relatively settled positions while others are on the cusp of major regulatory and civil liability change.

The US, for example, continues to dominate discussions surrounding mass torts – with products ranging from pharmaceuticals to automotives to chemicals continuing to generate class actions – while European Union proposals to reform key product liability legislation are likely to change the landscape significantly.

Not only do legislative reforms represent a comprehensive shake up of long-established positions, they also aim to keep pace with technological advances in products, particularly the increasing adoption of digital features utilising artificial intelligence.

Ultimately, the aim is to ensure sufficient protections are in place, while maintaining a fair balance between the interests of consumers and manufacturers.

Against this backdrop, Financier Worldwide turns to some of the leading lights in their field, who share their stories…

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