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NU Online News Service, June 25, 11:55 p.m. EDT

Having insurance for product recall is invaluable, but it does not serve as a substitute for implementing good procedures to deal with a recall, a consultant with insurance broker Marsh said.

The comments came during a panel discussion webcast titled, “Evaluating Critical Manufacturing Risk Issues Through the Lens of Enterprise Risk Management,” held June 24 and moderated by Sara Sirotzky, Midwest Manufacturing Practice leader.

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