Current through November 25, 2024
Section Trans 313.05 - Financial responsibility(1) LIABILITY INSURANCE. A manufacturer shall carry product liability insurance with minimum liability limits of $1 million per occurrence, with $3 million aggregate total. The liability insurance shall include coverage for defects in product design and materials as well as in the manufacturing, calibration, installation, and removal of devices. The proof of insurance shall include a statement from the insurance company that 30 days notice will be given to the department before cancellation of the insurance.(2) INDEMNIFICATION. A manufacturer shall indemnify and hold harmless the state of Wisconsin, the department and its officers, employees, and agents from all claims, demands, actions, and costs whatsoever which may arise, directly or indirectly, out of any act or omission by the manufacturer relating to the installation, service, repair, use and removal of a device.Wis. Admin. Code Department of Transportation Trans 313.05
Cr. Register, August, 1993, No. 452, eff. 9-1-93.