All the headlines from our Product Liability Topic Page, ordered by recency.
Jan 31 2018 // Allianz Global Corporate & Specialty (AGCS) is acquiring the renewal portfolio of Liberty Mutual Insurance’s U.S. product recall and special contingency business. The effective date is Jan.30, 2018.The business...
Jan 4 2018 // Specialist lines underwriting agency CFC Underwriting has added to its life sciences suite of products with a new insurance product designed specifically for nutraceutical businesses in the U.S.Coverages include products...
Dec 6 2017 // Exploding Samsung phones, error-prone Takata airbags, faulty GM vehicle ignition switches, failing Johnson & Johnson hip implants — multi-billion dollar product recalls have become more common over the past...
Oct 20 2017 // The first admitted insurance carrier has filed to provide coverage to California’s legal cannabis industry and several more carriers have stated their intent to file products, according to state Insurance...
Aug 23 2017 // A massive California verdict in a lawsuit alleging Johnson & Johnson’s talc-based products cause cancer has opened a new front in the litigation, upending the company’s hopes that the cases were only...
Jul 6 2017 // New York Governor Andrew Cuomo in May signed a budget bill into law allowing self-driving and self-parking cars to be tested for one year on New York public highways.Prior to this law going into effect, the technology was...
May 5 2017 // Johnson & Johnson and Bayer AG aren’t responsible for a Xarelto user’s internal bleeding, a jury found in the first trial over the blood-thinning drug.J&J and Bayer didn’t mislead a Louisiana man...
Apr 25 2017 // Large liability claims are becoming more expensive, complex and international, with activity increasing outside the United States, according a report published by Allianz Global Corporate & Specialty...
Apr 20 2017 // Technology is expected to be a major driver of liability claims in the years ahead – cutting frequency and increasing new threats such as cyber, product liability and recall risk, according a report published by Allianz...
Apr 5 2017 // Defective product/work quality issues, crashes and human error are listed as the top causes of liability loss for businesses, according to a report published by Allianz Global Corporate Specialty (AGCS).Collectively, these...
Mar 27 2017 // An Oklahoma food company is recalling more than 466 tons of breaded chicken because of possible metal in the food. The U.S. Department of Agriculture said OK Food Inc. is recalling 933,272 pounds of the food shipped...
Mar 6 2017 // Johnson & Johnson said that a state court jury in Missouri had returned a verdict in its favor in the latest trial to arise out of thousands of lawsuits alleging the company’s talc-based products can increase the...
Dec 2 2016 // Johnson & Johnson was ordered by a Texas jury to pay more than $1 billion to patients who claimed the company hid flaws in its Pinnacle artificial hips that had to be surgically removed, in J&J’s second loss...
Nov 1 2016 // XL Catlin’s insurance operations announced the launch of its Consumer Products Recall solution. It has been designed to meet the needs of manufacturers of a broad range of consumer products including toys, clothing,...
Oct 3 2016 // California is no longer the heartland for testing autonomous cars. The first commercial deployment of self-driving cars in the U.S. is already happening in Pittsburgh, where Uber is offering its customers the opportunity...
Sep 23 2016 // QBE North America’s Commercial Insurance business has introduced a manufacturing E&O endorsement to its product liability product offering. The manufacturing E&O endorsement is a claims made coverage form...
Jul 25 2016 // General Star Management Co. has added 50 classes for products liability offered by the Delegated Division, Contract P&C Unit. In addition, the gross receipts threshold for eligibility has been increased from $1.5...
Jul 13 2016 // Ironshore Specialty Casualty has added Third Party Product Recall Cost Endorsement as an enhancement to its primary general liability coverage form for commercial clients. The new endorsement covers specified costs...
Jul 12 2016 // Aspen Insurance announced the appointment of Nicky Alexandru as head of U.S. Crisis Management. Alexandru will develop a U.S. product contamination/recall capability, which will be a new Crisis Management line of business...
Jun 20 2016 // Quick Quiz: What do baby spinach, raw cashew pieces, barbecue sauce, fish batter mix, marzipan, ice cream, packaged salads, dried kiwi and gourmet bread pudding all have in common?These products, and more importantly the...