Product Liability & Recall Insurance for Businesses
Product recalls are costing companies and insurers billions, and the numbers are expected to increase.
October 18, 2018
Mad cow disease found in the U.K. for first time since 2015Slaughterhouses will take extra steps to ensure other animals aren't contaminated at a cost of about $6.5 million a year.
September 06, 2018
Ford to recall 1.6 million F-150 pickups for seat belt fire riskFaulty seat-belt pretensioners can spark excessively in a crash and ignite other materials or gases in the vehicle.
September 05, 2018
Toyota recalls 1 million Prius, C-HR Hybrids on risk of fireAn engine wire harness connected to the power control unit is at risk of wear over time, potentially leading to a fire.
April 16, 2018
Salmonella outbreak forces recall of 207 million eggsThe recall is equivalent to about 90 days production at the farm, which produces 2.3 million eggs a day.
March 12, 2018
When batteries explode — who pays the claim?The average home now has 30+ devices that run on batteries. How risky are they?
February 27, 2018
The hidden risks of foodborne illness claimsClaims pertaining to food-related issues are often overlooked until it's too late. Here is an in-depth view of foodborne illness claims and how to protect against potential gaps in coverage.
April 20, 2018
Don't eat romaine lettuce, U.S. says, as E. coli outbreak widensThe outbreak has sickened 53 people in 16 states, including 31 who were hospitalized, according to the agency. The CDC said five victims have developed kidney failure.
January 23, 2018
Ford urged to recall 1.3 million SUVs over exhaust fumesNearly 1,400 complaints about the exhaust fumes in the sport utility vehicles have been lodged with regulators.
December 12, 2017
Is your manufacturing client recall-ready?No manufacturer, large or small, is immune from product recalls along with the business disruption and considerable expense that may result.
May 16, 2017
Who's liable for improper automotive electrical wiring?Smoke under the hood led to a far more serious problem.