All the headlines from our Product Liability Topic Page, ordered by recency.
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 Reuters.With...
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...
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...
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...
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...
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 dispensary,...
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 dispensary,...
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...
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...
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...
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...
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...
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...
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...
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...
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 capacity.Perigon’s...
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...
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,...
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...
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...