Insurance Journal » Product Liability http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Mon, 22 Dec 2014 01:04:56 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.2 Montana Judge Approves $73M Punitive Award Against Hyundai http://www.insurancejournal.com/news/west/2014/09/23/341384.htm Tue, 23 Sep 2014 15:26:21 +0000 http://www.insurancejournal.com/?p=341384 Hyundai Motor Co. must pay $73 million in punitive damages to the families of two Montana teenagers killed in 2011 crash blamed on a steering defect, a judge said. Lake County District Judge Deborah Kim Christopher rejected Hyundai’s bid to …

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Georgia Peanut Plant Owners Accused of Knowingly Shipping Salmonella Products http://www.insurancejournal.com/news/southeast/2014/08/06/336916.htm Wed, 06 Aug 2014 14:30:28 +0000 http://www.insurancejournal.com/?p=336916 A Georgia peanut plant linked to a deadly salmonella outbreak cut corners and sent fake lab results to customers, endangering consumers nationwide, federal prosecutors said last Friday as they opened a rare case seeking criminal punishment for corporate workers over …

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General Star Upgrades Chemical Product Manufacturers, Distributors Coverage http://www.insurancejournal.com/news/national/2014/08/01/336520.htm Fri, 01 Aug 2014 16:08:13 +0000 http://www.insurancejournal.com/?p=336520 General Star Management Co. has unveiled underwriting enhancements for chemical product manufacturers and distributors. For the first time, General Star will offer occurrence form coverage for manufacturers and distributors of certain less hazardous chemicals, including those categorized as “environmentally green.” …

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Are Storm Shutters Unsafe? http://www.insurancejournal.com/news/national/2014/07/24/335726.htm Thu, 24 Jul 2014 16:45:29 +0000 http://www.insurancejournal.com/?p=335726 Esther Mibab felt nervous in her home in The Acreage in West Pam Beach, Florida. So nervous that she kept her accordion-style hurricane shutters closed, even in the off-season. Closed and locked. From the outside. Authorities say that cost her …

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General Star Contract Division Adds Product Liability for 50 Classes http://www.insurancejournal.com/news/national/2014/06/04/331037.htm Wed, 04 Jun 2014 16:55:05 +0000 http://www.insurancejournal.com/?p=331037 General Star Management Co. has added product liability coverage to its suite of delegated authority product offerings. The new product liability feature consists of 50 classes and will be immediately accessible to all appointed contract P&C wholesale brokers. Expansion to …

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Used Car Dealer Seeks Damages For Inventory of ‘Defective’ GM Vehicles http://www.insurancejournal.com/news/national/2014/06/03/330829.htm Wed, 04 Jun 2014 00:31:13 +0000 http://www.insurancejournal.com/?p=330829 An independent used-car dealer in Arkansas is seeking compensation from General Motors Co. for being saddled with “highly dangerous vehicles” that include cars not yet recalled over ignition-switch defects. Nettleton Auto Sales Inc. demanded actual and punitive damages on behalf …

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GM Asks Court to Enforce Bankruptcy Liability Shield Against Ignition Lawsuits http://www.insurancejournal.com/news/national/2014/04/22/326963.htm Tue, 22 Apr 2014 12:56:48 +0000 http://www.insurancejournal.com/?p=326963 General Motors Co. filed a motion in a U.S. bankruptcy court to enforce a bar on lawsuits related to ignition defects in cars sold before its 2009 bankruptcy as it fights a class action lawsuit that seeks to set aside …

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GM Bankruptcy Shield from Claims May Cut Payouts by Billions http://www.insurancejournal.com/news/national/2014/04/17/326694.htm Thu, 17 Apr 2014 18:00:06 +0000 http://www.insurancejournal.com/?p=326694 General Motors Co.’s move to freeze ignition-defect lawsuits in California and Texas has solid legal precedent behind it and could help slash customer demands for compensation by billions of dollars. GM asked federal judges in both states last week to …

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GM Creates New Product Safety Team http://www.insurancejournal.com/news/national/2014/04/17/326689.htm Thu, 17 Apr 2014 12:43:17 +0000 http://www.insurancejournal.com/?p=326689 General Motors Co. Chief Executive Officer Mary Barra, under fire for the company’s slow response to flawed ignition switches linked to 13 deaths, said she is creating a team that will make the company’s cars as safe as they are …

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GM Hires Feinberg to Handle Recall; CEO Barra Testifies Before Congress http://www.insurancejournal.com/news/national/2014/04/01/325021.htm Tue, 01 Apr 2014 19:40:16 +0000 http://www.insurancejournal.com/?p=325021 General Motors Co. has retained Kenneth Feinberg, who supervised claims funds after the BP Plc oil spill and other calamities, as a consultant to explore options for families of accident victims whose vehicles are being recalled for ignition-switch defects. Calling …

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GM Under Pressure to Establish Victim Compensation Fund http://www.insurancejournal.com/news/national/2014/03/24/324297.htm Tue, 25 Mar 2014 02:03:43 +0000 http://www.insurancejournal.com/?p=324297 Pressure built on General Motors on Monday to take steps to get 1.6 million of its recalled cars off the road immediately and to establish a compensation fund for consumers affected by the company’s faulty ignition switches linked to 12 …

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GM Kept Ignition Switch Fix Secret from Owners http://www.insurancejournal.com/news/national/2014/03/18/323573.htm Tue, 18 Mar 2014 12:51:06 +0000 http://www.insurancejournal.com/?p=323573 General Motors Co. took advantage of a regulatory gray area to address an engine defect almost a decade ago, leaving most car owners unaware that their vehicles may have been unsafe. Rather than issue a recall, GM sent notices to …

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Michigan Farm Owner Lands Prison Sentence over Bad Cider http://www.insurancejournal.com/news/midwest/2014/02/24/321419.htm Tue, 25 Feb 2014 02:48:27 +0000 http://www.insurancejournal.com/?p=321419 A northern Michigan man could spend up to four years in prison after improperly processed apple cider he made led to an E. coli outbreak and hospital stays for two adults and two children. James Ruster is the first person …

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Judge Blocks Oklahoma Firm from Selling Execution Drug to Missouri http://www.insurancejournal.com/news/midwest/2014/02/13/320483.htm Fri, 14 Feb 2014 03:40:01 +0000 http://www.insurancejournal.com/?p=320483 A federal judge on Feb. 12 agreed to temporarily block an Oklahoma pharmacy from providing an execution drug to the Missouri Department of Corrections for use in an upcoming lethal injection. The temporary restraining order was issued after a federal lawsuit …

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Rotting Wood Product in Post-Katrina Built Homes May Spark Legal Action http://www.insurancejournal.com/news/southcentral/2014/01/07/316256.htm Tue, 07 Jan 2014 16:59:00 +0000 http://www.insurancejournal.com/?p=316256 Actor Brad Pitt’s Make It Right Foundation, which has built 100 energy-efficient new homes in the Hurricane Katrina-ravaged Lower 9th Ward in New Orleans, is considering legal action against the manufacturer of an innovative glass-infused wood that was used in …

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China Weighs Easing Rules on Animal Testing of Cosmetics http://www.insurancejournal.com/news/international/2013/11/15/311392.htm Fri, 15 Nov 2013 15:05:56 +0000 http://www.insurancejournal.com/?p=311392 China is considering a rule change that would allow the sale of some cosmetics without requiring them to be tested on animals, opening up a potential route into the Chinese market for international firms opposed to the practice. Under the …

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J&J Reaches $4 Billion Settlement of Hip-Implant Suits: Sources http://www.insurancejournal.com/news/national/2013/11/13/311191.htm Wed, 13 Nov 2013 19:30:01 +0000 http://www.insurancejournal.com/?p=311191 Johnson & Johnson will pay more than $4 billion to resolve thousands of lawsuits over its recalled hip implants in the largest settlement of U.S. legal claims for a medical device, three people familiar with the deal said. The accord …

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Insurer Alleges Robotic Surgery Firm Lied About Claims http://www.insurancejournal.com/news/national/2013/11/01/310066.htm Fri, 01 Nov 2013 13:37:09 +0000 http://www.insurancejournal.com/?p=310066 Intuitive Surgical Inc., the maker of robotic surgery devices targeted by patient lawsuits, was sued by an insurer alleging the company hid the number of legal claims it might face when buying product liability insurance. Illinois Union Insurance Co. seeks …

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Idaho Lawsuit Is Latest Claim Against Remington http://www.insurancejournal.com/news/west/2013/10/28/309428.htm Mon, 28 Oct 2013 15:50:40 +0000 http://www.insurancejournal.com/?p=309428 Remington Arms Co., maker of one of America’s most-popular hunting rifles, is in court again, this time with an Idaho lawsuit filed by a man who says he was shot through the foot by a defective weapon. Loren Korpi, an …

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Jury Finds Toyota Liable in Unintended Acceleration Death Claim http://www.insurancejournal.com/news/national/2013/10/25/309218.htm Fri, 25 Oct 2013 12:35:37 +0000 http://www.insurancejournal.com/?p=309218 Toyota Motor Corp. has been found liable in an unintended acceleration lawsuit in the U.S., one of the first such cases to go to trial since the Japanese carmaker began recalling millions of vehicles in 2009 over acceleration issues. A …

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LIU Launches Product Recall Policy for Packagers, Co-Packers http://www.insurancejournal.com/news/national/2013/09/30/306652.htm Mon, 30 Sep 2013 16:41:27 +0000 http://www.insurancejournal.com/?p=306652 Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has launched LIU Packagers Protection, a new LIU product recall policy for packagers and co-packers. Designed specifically for packagers and co-packers of topical and ingestible products, the LIU Packagers Protection policy …

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Ironshore Specialty Launches Claims-Made Policy Form for Product Liability Risks http://www.insurancejournal.com/news/national/2013/08/20/302299.htm Tue, 20 Aug 2013 16:54:57 +0000 http://www.insurancejournal.com/?p=302299 Ironshore Inc.’s Specialty Casualty unit is launching a new claims-made policy form to complement its suite of products and services available to the commercial general liability market for prospective insureds facing unique product liability challenges. With an ISO format that …

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Indiana Melon Growers Face New FDA Rules after Salmonella Outbreak http://www.insurancejournal.com/news/midwest/2013/07/12/298341.htm Fri, 12 Jul 2013 16:11:00 +0000 http://www.insurancejournal.com/?p=298341 Southwestern Indiana’s melon growers are facing new federal regulations following last year’s salmonella outbreak that killed three people who ate Indiana-grown cantaloupes. Workshops were recently held to educate melon farmers and their workers about the Food and Drug Administration’s new …

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Kansas Farmer Sues Monsanto over GMO Wheat Discovery http://www.insurancejournal.com/news/midwest/2013/06/06/294627.htm Thu, 06 Jun 2013 16:12:38 +0000 http://www.insurancejournal.com/?p=294627 A Kansas farmer has sued seed giant Monsanto over the recent discovery of genetically engineered experimental wheat in an 80-acre field in Oregon, claiming the company’s gross negligence hurt U.S. growers by driving down wheat prices and causing some international …

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Helicopter Maker Fights Suit by Tennessee Soldiers’ Families Over Deadly Crash http://www.insurancejournal.com/news/southeast/2013/06/05/294148.htm Wed, 05 Jun 2013 09:00:47 +0000 http://www.insurancejournal.com/?p=294148 A federal judge will rule in coming weeks whether the families of two Tennessee National Guard members can sue the makers of a helicopter in which the soldiers died. According to the Knoxville News Sentinel, the case involves a 2010 …

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Mississippi Man Run Over by Lawnmower Sues Manufacturer http://www.insurancejournal.com/news/southeast/2013/05/29/293620.htm Wed, 29 May 2013 14:45:56 +0000 http://www.insurancejournal.com/?p=293620 A lawsuit in Mississippi says a man was seriously injured after he was attacked by a swarm of yellow jackets, jumped off his riding lawnmower and was run over by the machine. Everardo Garfias claims a cut-off switch should have …

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California Woman Accused of Poisoning Juice At Starbucks http://www.insurancejournal.com/news/west/2013/05/01/290347.htm Wed, 01 May 2013 15:49:38 +0000 http://www.insurancejournal.com/?p=290347 A northern California woman has been arrested on suspicion of spiking orange juice bottles with a deadly dose of rubbing alcohol and stocking the bottles at a Starbucks coffee shop, law enforcement officials told Reuters news service on Tuesday. Ramineh Behbehanian, 50, …

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Florida Compounding Pharmacy’s Drug Recall Involves 91 Batches http://www.insurancejournal.com/news/southeast/2013/04/24/289605.htm Wed, 24 Apr 2013 16:13:06 +0000 http://www.insurancejournal.com/?p=289605 A spokeswoman for a central Florida compounding pharmacy says 91 batches were involved in a voluntary recall of its sterile non-expired drug products over concerns they’re not sterile and may contain bacteria. Spokeswoman Roxie Mooney said Monday there have been …

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Florida Compounding Pharmacy Recalls Sterile Drugs http://www.insurancejournal.com/news/southeast/2013/04/23/289477.htm Tue, 23 Apr 2013 16:08:03 +0000 http://www.insurancejournal.com/?p=289477 A Florida-based compounding pharmacy is voluntarily recalling all lots of its sterile non-expired drug products sold nationwide over concerns the products are not sterile and may contain bacteria. Food and Drug Administration officials on April 21 encouraged health care providers …

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Feds Rule Apple Did Not Violate Google Patent http://www.insurancejournal.com/news/national/2013/04/23/289466.htm Tue, 23 Apr 2013 15:35:02 +0000 http://www.insurancejournal.com/?p=289466 Apple Inc scored a win on Monday when the U.S. International Trade Commission ruled that it did not violate a Google patent to make the popular iPhones. Apple had initially been accused of infringing on six patents for iPhone-related technology …

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