All the headlines from our Product Liability Topic Page, ordered by recency.
Mar 18 2016 // General Star Management Co. has launched a trio of specialized product liability coverages called “Encore!” designed to protect manufacturers, importers and distributors from product liability exposures arising...
Dec 18 2015 // ACE Group has launched a series of policy enhancements to its ACE Recall Plus and ACE Recall Plus for Small Business coverage. The new policy terms include: Coverage for voluntary, involuntary, and mandatory stock...
Dec 18 2015 // Property/casualty insurers continued to take down loss reserves for prior years in 2014, which marked the ninth straight calendar year of favorable development for the industry in aggregate, according to a new report from...
Dec 7 2015 // Specialist insurer Hiscox has established a new product recall team within its London Market business with four new hires.Heading up the team is David Burke, who comes to Hiscox from Catlin after almost 30 years in the...
Nov 5 2015 // Ironshore Specialty Casualty has created a new suite of endorsements to address the products liability exposure of manufacturers and distributors. Coverage is underwritten on a primary basis with limits available of up to...
Nov 3 2015 // Marsh has launched Marsh IO+, an enhanced excess casualty product designed for companies with significant product and other mass tort exposures.Organizations like retailers, food and beverage companies, construction firms,...
Oct 27 2015 // Unintentional injury is the leading cause of death among teenagers and adults 15 to 44. According to the Centers for Disease Control (CDC), more than 43,000 people between 15 and 44 died in 2013 as a result of...
Oct 19 2015 // Two marijuana users in Colorado filed a lawsuit earlier this month against a pot business they said used an unhealthy pesticide to grow their weed — a case that lawyers say is the first product liability claim in the...
Oct 7 2015 // Two marijuana users in Colorado filed a lawsuit Monday against a pot business they said used an unhealthy pesticide to grow their weed – a case that lawyers say is the first product liability claim in the nation...
Sep 29 2015 // XL Catlin announced it has strengthened its London-based Product Recall team with the appointment of Natalie Lilley and the transfer of Ian Davidson.Natalie Lilley joins XL Catlin from Canopius where she has held the...
Jul 23 2015 // As Nestle SA slugs it out with India’s food regulator over the amount of lead in its popular Maggi instant noodles, the dispute is whipping up business for insurers.The local unit of American International Group Inc....
Jul 21 2015 // W.R. Berkley Corp. has formed Berkley Global Product Recall Management, a W. R. Berkley Co., to aid all types of businesses throughout the world in the prevention and management of product recall incidences. Products and...
Jun 22 2015 // Aspen U.S. Insurance said that Grace Fortune has joined as senior vice president and product line leader for Products Liability. Reporting to Roxanne Mitchell, executive vice president for Aspen U.S. Casualty, Fortune will...
Jun 9 2015 // XL Catlin announced that its product recall insurance team in Asia has launched “Response XL Catlin,” a tailored network of expert crisis consultants, which will be supported in the region by global...
May 13 2015 // CNA has launched a new admitted product liability policy offering for the life sciences market. This product launch makes CNA one of only a handful of carriers to offer life sciences companies an admitted and non-admitted...
May 12 2015 // XL Group has launched a stand-alone automotive parts recall policy, a tailored product designed for suppliers in the automotive industry. The policy delivers a choice of coverage to respond to the increased exposures and...
Apr 15 2015 // XL Group announced the launch of a stand-alone automotive parts recall policy, a tailored insurance solution designed for suppliers in the automotive industry. The policy delivers a choice of coverage to respond to the...
Apr 9 2015 // Four out of 10 small businesses are likely to experience a property or general liability claim in the next 10 years, according to an analysis of The Hartford’s small business claims. Topping the list for the most...
Feb 19 2015 // Huge jury verdicts against companies over fatal flaws in their products made a comeback last year, which may foretell more bad news for carmakers with defective parts.Absent for a decade, billion-dollar verdicts returned...
Jan 30 2015 // American International Group Inc.’s (AIG) Lexington Insurance has introduced Celebrity Product RecallResponse, a new insurance product designed to help customers respond to risks from a celebrity endorser’s...