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Product recalls are costing companies and insurers billions, and the numbers are expected to increase.

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A 50-year-old woman in Riverside County, California, died on September 30, after a Takata air bag inflator ruptured. (Photo: Shutterstock)

(Bloomberg) – Honda Motor Co. said a Takata Corp. air bag inflator ruptured in a Civic compact car on Sept. 30 and killed a driver in California, at least the 17th Takata-related fatality in the U.S., Malaysia and India.

Instant InsightsProduct liability & recall insurance for businesses

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