Latest Product Liability Headlines
All the headlines from our Product Liability Topic Page, ordered by recency.
AIG Launches Product Recall Estimate Service, Raises Contaminated Product Limits
Oct 16 2013 // In response to the growing financial impact and frequency of product recalls for food and beverage manufacturers, distributors and importers in the U.S. and Europe, American International Group (AIG) today launched NOVI, a...
Insurers: Product Recalls a ‘Death Sentence’ to Food Manufacturers, Coverage Demand Still Lags
Oct 7 2013 // Food recalls are on the rise, but that isn’t necessarily because food manufacturers are not meeting safety requirements and more food is contaminated or unsafe. In fact, insurers in the product recall space who...
LIU Launches Product Recall Policy for Packagers, Co-Packers
Sep 30 2013 // 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...
XL Group Assembles Crisis Management Team in U.S.
Sep 4 2013 // XL Group has added a crisis management team to provide corporate clients in the U.S. with product recall, war, terrorism and political violence, kidnap, ransom, and extortion insurance. Led by Denise Balan in New York, the...
Ironshore Specialty Launches Claims-Made Policy Form for Product Liability Risks
Aug 20 2013 // 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...
Victims in Meningitis Outbreak Cleared to File Product Liability Suits
Jul 29 2013 // Victims in Tennessee of a deadly U.S. meningitis outbreak won the right to pursue a new avenue of litigation against healthcare facilities and doctors there, after a ruling by a U.S. bankruptcy judge this week. Tennessee...
Professional Risk Solutions to Offer Product Liability, Life Sciences Coverages
Apr 19 2013 // Wholesale Brokerage Professional Risk Solutions (PRS) has launched a new venture that extends its offerings to general and product liability coverages, as well as insurance options for the life sciences industry. Through...
Meningitis Lawsuits: Success Could Hinge on Whether Courts See Product Liability or Medical Malpractice
Nov 5 2012 // Victims of a deadly U.S. meningitis outbreak are starting to sue the physicians and clinics that administered tainted steroid shots, and the success of the suits could hinge on whether judges decide the injections are...
Meningitis Lawsuits: Product Liability or Medical Malpractice?
Oct 24 2012 // Victims of a deadly U.S. meningitis outbreak are starting to sue the physicians and clinics that administered tainted steroid shots, and the success of the suits could hinge on whether judges decide the injections are...
ACE Launches New Stand-Alone Product Recall Insurance Unit
Jun 29 2012 // ACE Westchester, the U.S.-based wholesale-focused insurance division of the ACE Group, has introduced a new stand-alone product recall underwriting unit, which will deliver insurance products to respond to the increased...
Corporations Win Key Product Liability Trials; More Victories to Come?
Nov 1 2011 // A string of courtroom victories by drugmakers in key product liability trials could be a signal that these and other companies can beat back claims in upcoming cases against them. AstraZeneca Plc, Merck & Co. and...
California Surfboard Maker Faces Product Liability Claim
Aug 29 2011 // A surfer has filed a product liability lawsuit against a California surfboard manufacturer because the too-sharp fin sliced his leg. The Los Angeles Superior Court lawsuit filed by recreational surfer Tom Gregg contends...
New York Court Reinstates Restaurant Worker’s Product Liability Suit
May 13 2011 // New York’s top court this week reinstated a Manhattan restaurant worker’s product liability lawsuit over a lye-crystal drain cleaner, concluding that the companies behind it have to do more than simply state...
Hot Programs and Products
Mar 21 2011 // Here’s what some insurers and brokers have been up to recently, inventing and tweaking key programs and coverages. Liability: Professional, E&O, D&O, EPLI CNA launched Epack Extra, an enhanced version of...
Florida Senate Moves to Curb Liability Suits Against Car Makers
Mar 17 2011 // The Florida Senate has approved a bill that would change the apportionment of damages in product liability cases so that a judge or jury must consider the fault of all parties. The bill is designed to shield or limit the...
Turner Joins XL as Product Recall Manager
Mar 4 2011 // Insurer XL has added John Turner as Product Recall Manager for North America. Turner, based in New York, has more than 20 years of insurance market experience, including multi industry product recall and product liability...
Internet v. Courts: Googling for Perfect Jurors
Feb 18 2011 // When picking a jury, lawyers always try to stack the panel with people likely to take their side. Now, some are taking the vetting process to a new level: they’re quietly trawling social networks and other sites to...
Chinese Drywall Makers Won’t Compensate U.S. Homeowners
Jan 24 2011 // The U.S. has failed to persuade Chinese makers of defective drywall to compensate American homeowners, in a dispute that threatens to mar strained trade ties. The failure to persuade about 13 makers of contaminated drywall...
K&K, RLI Partner to Offer Product Liability for Sports, Entertainment Risks
Jan 13 2011 // K&K Insurance announces a new products liability program in partnership with RLI, a specialty insurance company operating in all 50 states. This arrangement offers an additional avenue for competitive quotes in the...
Lexington Expands Product Liability with Product Recall Endorsement
Jan 11 2011 // Lexington Insurance Co., a Chartis company, has expanded its products liability insurance coverage to respond to the increasing risks associated with product recalls. Through a relationship with the Crisis Management unit...
