Product Recall Insurance.

A product recall insurance policy is insurance coverage that a company purchases to financially protect itself from the costs associated with a product recall. This type of insurance can help a company cover the costs of not only recalling a product, but also the costs of investigating and correcting the issue that led to the … Read more

Run Rate: Definition and How It Works.

What is a Run Rate? A run rate is a performance metric that measures a company’s ability to generate revenue. It is typically used to assess a company’s financial health and to make predictions about its future revenue. How Does a Run Rate Work? A run rate is calculated by dividing a company’s total revenue … Read more