Latest Product Liability Headlines
All the headlines from our Product Liability Topic Page, ordered by recency.
READY, SET..RECALL!!!
May 8 2006 // Protecting the consumer is the number one priority in a product recall. The challenge is, can you do so without crippling your business? For large and small consumer goods manufacturers and distributors, recalls can cost...
Products Liability = Risk Identification = Insurance 101
May 8 2006 // Basic insurance coverage salespersons don’t fully understand their products or completed operational exposure, and insurance agents don’t understand it, and the public’s understanding is even more...
World of nanotechnology stirs product liability concerns
May 8 2006 // Federal regulators want to get a better handle on the burgeoning use of nanotechnology in everyday products, as their German counterparts struggle to understand why nearly 100 people suffered respiratory problems after...
Danger: Paper can cause skin lacerations
May 8 2006 // We have all seen them, those annoying stickers on everything we buy warning us that this bag is not a toy, this or that small object is a chocking hazard, as if left to our own devices, we would all be giving our children...
Products liability = risk identification = Insurance 101
May 8 2006 // Basic insurance coverage salespersons don’t fully understand their products or completed operation exposure, and if agents don’t understand it, public understanding is even more limited. Insurance companies are...
Danger: Paper can cause skin lacerations
May 8 2006 // We have all seen them, those annoying stickers on everything we buy warning us: This bag is not a toy; and this or that small object is a chocking hazard. As if left to our own devices, we would all be giving our children...
Danger: Paper can cause skin lacerations
May 8 2006 // We have all seen them, those annoying stickers on everything we buy warning us that this bag is not a toy, this or that small object is a chocking hazard, as if left to our own devices, we would all be giving our children...
READY, SET … RECALL!!!
May 8 2006 // Protecting the consumer is the number one priority in a product recall. The challenge is, can you do so without crippling your business? For consumer goods manufacturers and distributors, recalls can cost millions of...
10 Texas lawmakers close in on tax reform
May 8 2006 // Although it’s not perfect, agent groups support Perry-Sharp plan 10 Louisiana after the storms Insurance issues top lawmakers’ agenda 10 In case of emergency Get out fast but make sure documents are...
Danger: Paper can cause skin lacerations
May 8 2006 // We have all seen them, those annoying stickers on everything we buy warning us that this bag is not a toy, this or that small object is a chocking hazard, as if left to our own devices we would all be giving our children...
Ready, set … recall
May 8 2006 // Part 1 of a two-part series on Product Recall. Protecting consumers is the number one priority in a product recall. The challenge is whether it can be done without crippling the business. For large and small consumer goods...
State Lawmakers Balk at Growing Trend of Federal Preemption
Apr 10 2006 // As Senate Banking committee members in Washington begin the debate over creating a new federal regulatory scheme for what is now state-regulated insurance, state lawmakers across the country are voicing their agitation...
Lexington Insurance Offering Recall Response for Product Recall Expenses, Liability
Jan 17 2006 // Lexington Insurance Company, a member company of American International Group Inc. (AIG), has introduced RecallResponse, coverage for first-party expenses and third-party liability arising from the recall of finished or...
States Claim FDA Drug Labels Would Undermine State Product Liability Laws
Jan 15 2006 // The National Conference of State Legislatures has accused the federal Food and Drug Administration of attempting to preempt state prescription drug product liability laws despite Congress and the courts’ refusal to...
Lloyd’s Reminds Companies on Importance of Recall Coverage
Jan 4 2006 // A bulletin on the Lloyd’s Web site (www.lloyds.com) reminds companies of the importance of having sufficient coverage in force to handle potential recalls of the consumer products they sell. Lloyd’s interviewed...
Beecher Carlson, Colemont Form ‘Strategic Relationship’
Dec 13 2005 // A strategic relationship has been entered into between Beecher Carlson, an Atlanta-based brokerage and risk management consulting company, and Colemont Insurance Brokers, a wholesale specialty insurance broker with...
Colemont Launches Recall Risk Management Program
Dec 13 2005 // Colemont Insurance Brokers – Chicago has launched the RecallReady program, a product recall risk management program. A key feature of the RecallReady Program is the integration of pre-incident and crisis response...
Nov 20 2005 // The Board of Directors of Arthur J. Gallagher & Co. elected Kay W. McCurdy to serve on its board of directors. McCurdy began her career in 1975 as an attorney at Lord, Bissell & Brook in Chicago and has more than...
Plaintiff Attacks Merck on Safety at Second Vioxx Product Liability Trial
Sep 15 2005 // A product liability trial focused on whether the painkiller Vioxx caused a man’s heart attack started Wednesday, with his lawyer telling jurors the drug’s maker put profits over safety. Merck & Co., the...
Number of Federal Tort Trials Plummeted 80%, Justice Department Reports
Sep 5 2005 // The number of tort trials concluded in U.S. district courts declined by nearly 80 percent, falling from 3,600 in 1985 to fewer than 800 in 2003, according to a new report released by the Department of Justice Bureau of...