Latest Product Liability Headlines
All the headlines from our Product Liability Topic Page, ordered by recency.
Record-Breaking Pace for U.S. Product Recalls, Says Sedgwick
Sep 5 2022 // The number of U.S. products recalled this year has already surpassed 1 billion, according to the U.S. product recall index released by Sedgwick’s brand protection division. Only two other years on record have seen...
Record-Breaking Pace for U.S. Product Recalls, Says Sedgwick
Aug 19 2022 // The number of U.S. products recalled this year has already surpassed 1 billion, according to the U.S. product recall index recently released by Sedgwick’s brand protection division. Only two other years on record...
MGA Incubator NuVenture Launches Product Recall MGA BluNiche
Aug 4 2022 // NuVenture International, which incubates and supports managing general agents (MGAs) in the UK insurance markets, has announced the launch of its third MGA, product recall insurance specialist BluNiche. BluNiche was...
Court Agrees With Insurer: Amazon Can Be Sued Under New Jersey Product Liability Law
Jul 26 2022 // Online marketplace Amazon can be sued under New Jersey product liability law for defective products sold by third-party sellers on its website. The federal district court in New Jersey sided with the New Jersey...
U.S. Product Recalls Reach 10-Year High in Q1
Jun 1 2022 // Over 900 million units were recalled during the first quarter in the United States in the automotive, consumer products, food and drink, pharmaceutical, and medical device industries according to Sedgwick’s latest...
People Moves: Great American Promotes Mulvey; Rivera Succeeds Lubrano at Berkley Product Recall; Fusion Names U.S. Team for M&A
May 27 2022 // Great American Promotes Mulvey to Divisional President Great American Insurance Group recently announced the promotion of Michael B. Mulvey to divisional president within its FCIA, the division that underwrites trade...
Marijuana Testing Lab Sues Michigan Over Major Product Recall
Nov 29 2021 // A marijuana testing lab filed a lawsuit against Michigan regulators after a major product recall and allegations of unreliable results. Viridis Laboratories, with operations in Lansing and Bay City, said the...
Takeaways from Our Conversation about Cannabis Product Liability Suits Worth Watching
Aug 16 2021 // Powered by InsuranceJournal.tv If you ask just about any insurance pro or risk manager to list the top exposures for a company, being sued is likely to be right up there. And if you boiled that down into another list,...
U.S. Lawsuit Could Open ‘Giant Can of Worms’ in Amazon’s Fight Against Product Recalls
Jul 23 2021 // A U.S. safety regulator’s decision last week to sue Amazon.com Inc. could bring clarity to a question that has long befuddled courts and state legislatures nationwide: Who is responsible when a product bought from...
Businesses Should Expect More Product Recalls, Regulations After Covid: Sedgwick
May 20 2021 // While the effects of the COVID-19 pandemic have kept inspections and product recall incidents at low levels, businesses should expect a an upsurge in recalls as the world begins to re-open. They should also prepare for the...
Supreme Court Rejects Ford Stance in Product Liability Venue Dispute
Mar 26 2021 // The U.S. Supreme Court on Thursday unanimously ruled against Ford Motor Co. in a case in which the second-largest U.S. automaker had sought to bar two state courts from hearing product liability suits involving a pair of...
Crum & Forster Acquires Aspen’s Food and Beverage Product Recall Business
Dec 2 2020 // Specialty insurer Crum & Forster (C&F) has acquired the renewal rights of Aspen’s U.S. food and beverage product recall insurance portfolio written primarily through the excess and surplus lines market. The...
Johnstone Partners Hires Friedman as an Adjuster in New York
Nov 9 2020 // Johnstone Partners has expanded its national risk management and claims adjusting practices with the hire of Andrew Friedman in New York. Friedman joins Johnstone Partners as an adjuster with six years of claims...
Beazley Expands Life Sciences Insurance Offering in UK
Sep 28 2020 // Specialist insurer Beazley has enhanced its life sciences insurance offering in the UK with the launch of a new policy designed to protect the sector’s small and start-up research & development-focused...
Why Manufacturers Cannot Underestimate the Cost of a Recall Event
Sep 21 2020 // The latest recall by Nissan of hundreds of thousands of vehicles in North America in June to resolve a latch problem that may allow the hood to fly open while the cars are moving comes on top of three previous recalls for...
Hiscox Unites 3 Special Risk Teams Under a New Crisis Management Division
Sep 9 2020 // Specialist insurer Hiscox has created a Crisis Management division within its London Market business to include kidnap and ransom, security incident response, terrorism, product recall and personal accident lines. Headed...
Calif. Court Rules Amazon Liable Like Other Retailers for Defective Products
Aug 14 2020 // Amazon.com can be held liable like other traditional retailers for injuries from defective products sold via its sprawling e-commerce marketplace, a California state appeals court ruled on Thursday. The decision overturned...
Allianz Global Corporate & Specialty Sells U.S. Products Recall Business to Axon
Aug 5 2020 // New Jersey-based specialty lines program administrator Axon Underwriting Services has acquired the renewal portfolio of Allianz Global Corporate & Specialty’s (AGCS) U.S. contaminated and consumer products recall...
AstraZeneca Gets Protection from Future Product Liability Claims for COVID Vaccine
Aug 3 2020 // AstraZeneca has been granted protection from future product liability claims related to its COVID-19 vaccine hopeful by most of the countries with which it has struck supply agreements, a senior executive told...
Axon Underwriting Forms Product Recall Crisis Management Division
Jun 15 2020 // Axon Underwriting Services LLC, a specialty lines program administrator, has formed Axon Crisis Management to offer its product recall and foodborne illness and contamination products for U.S. domiciled...
