Latest Product Liability Headlines
All the headlines from our Product Liability Topic Page, ordered by recency.
Edge Computing, Supply Chains, Deepfakes Among 2020’s Top Emerging Risks: Swiss Re
Jun 12 2020 // Pandemic threats were once on the list of potential emerging risks facing the insurance industry and society. Now that this risk has materialized with the COVID-19 crisis, it is perhaps a good time to take a look at the...
COVID-19 Clouding Cannabis Industry Pitfalls Amid Upbeat Outlook
May 18 2020 // The cannabis industry is being affected by COVID-19 much like other business sectors, but the complexities of this budding industry make its eventual recovery from the pandemic and ensuing economic fallout even harder to...
Beazley Hires Underwriting Team to Build Product Recall Insurance Offering
Apr 28 2020 // Specialist insurer Beazley is introducing a new product recall insurance policy for private enterprises in the U.S., with a planned launch in the second quarter of 2020. The company has appointed a new underwriting team...
4 Ways COVID-19 Will Change Cannabis and Insurance
Apr 20 2020 // One may not need to be able to read the cannabis leaves to divine the impact of the COVID-19 pandemic on cannabis and insurance. Some good guesses from any insurance professional with their foot in the door of a...
4 Ways COVID-19 Will Change Cannabis and Insurance
Apr 9 2020 // One may not need to be able to read the cannabis leaves to divine the impact of the COVID-19 pandemic on cannabis and insurance. Some good guesses from any insurance professional with their foot in the door of a...
Cannabis Power Brokers Tackle Five Pressing Insurance Questions
Feb 27 2020 // The cannabis business is a frontier industry that continues to offer no shortage of unique challenges to regulators, as well as boundless questions for industry watchers and ancillary businesses like insurance. Key...
Reuters Report: How Secrecy in Courts Stymies Safety Regulators
Jan 17 2020 // LEBANON, Ohio — Something wasn’t right with the Rhino. Reports started trickling in to the Consumer Product Safety Commission (CPSC) in 2005 of people being killed or injured in the Yamaha Motor Co. off-road...
2020 Predictions from Cannabis Industry Experts: More Insurance Business
Jan 2 2020 // More legalization in more states. More product liability risks. More regulations. More M&A. More of many things is what insurance professionals involved in the cannabis industry can expect in 2020. Insurance Journal...
Reuters Report: Why Big Business Can Count on Courts to Keep Deadly Secrets
Dec 20 2019 // In the dreary archives of a Newark, New Jersey, courthouse, Ronald Motley found a treasure map. It was an evidence log, a detailed inventory of documents and other exhibits that had been used in an injured worker’s...
Some Marijuana Vaping Products Recalled in Michigan
Dec 19 2019 // The agency overseeing Michigan’s marijuana business said it was recalling vaping products containing an additive that health officials have linked to injuries and deaths. The Michigan Marijuana Regulatory Agency said...
E-Cigarette Maker Juul Pulled Into Tobacco Product Liability Case
Nov 26 2019 // A Florida state court judge ordered the co-founder of the e-cigarette maker Juul Labs Inc. to answer questions under oath in a case involving a woman suing the cigarette-maker Philip Morris USA. While Juul has challenged...
Reuters Report: How Plaintiff Lawyers Help Corporate America Keep Its Secrets
Nov 8 2019 // Paula Lawlor was sifting through piles of internal General Motors Co. documents in a hotel room outside of Los Angeles when she hit pay dirt: Company records showing that GM knew for years that stronger roofs on its...
The Lowdown: Cannabis 101 in 300 Minutes or Less
Nov 5 2019 // On October 17th, the Insurance Journal hosted a virtual, 6 hour, live summit on insuring the cannabis industry. With 2,300 pre-registrants, an additional 200 joined in as the day progressed. These viewers represented over...
Fidelis Insurance Takes Equity Stake in New MGA Perigon, Provides Capacity
Nov 4 2019 // Fidelis Insurance, the Bermuda-headquartered re/insurer, announced it has taken an equity stake in a new managing general agent (MGA) Perigon Product Recall Ltd., and will be providing underwriting...
Does the Cloud of Vaping-Related Injuries Portend a Storm of Litigation? – Cannabis Industry Alert
Oct 15 2019 // Electronic cigarettes and vaping have been heralded by many as a safer alternative to smoking traditional cigarettes. A recent outbreak of illnesses allegedly related to vaping, however, has ignited public hysteria and...
How Emerging Risks for Medical Device Manufacturers Create Opportunities for Agents
Oct 7 2019 // The medical device industry is an expanding market with significant growth forecasted over the next decade. According to KPMG data, global predictions reveal the life sciences sector will grow by more than 5% per year,...
Reuters: How Court Lets Merck Hide Baldness Drug Propecia’s Risks
Sep 12 2019 // By the time Kelly Pfaff got home from driving her son to school that morning, it was too late. Her husband, John, was supposed to be taking their 4-year-old daughter to school. But the girl and the nanny were still at the...
CFC Underwriting Enhances Product Recall Coverages
Sep 4 2019 // CFC Underwriting, the London-based specialist managing general agent, announced it has upgraded its product recall suite of coverages. The new extensions include regulatory advisory coverage which addresses the emerging...
With New, Legal Cannabis Industries, Illinois and Missouri Can Learn from Pioneer States
Aug 30 2019 // As Illinois and Missouri undertake the process of licensing businesses in their newly legalized cannabis industries — recreational in Illinois and medical in Missouri — they have the advantage of taking what has worked...
Amazon Should Be Held Partially Responsible for Third Party Sellers: Viewpoint
Jul 26 2019 // One day in January 2015, Heather Oberdorf took her dog for a walk, using a $20 retractable leash she had bought from Furry Gang, a third-party seller on Amazon. It did not go well: her dog lunged, causing the collar to...
