Latest Product Liability Headlines

All the headlines from our Product Liability Topic Page, ordered by recency.

Court Agrees With Insurer: Amazon Can Be Sued Under New Jersey Product Liability Law

Jul 26 2022 // Online marketplace Amazon can be sued under New Jersey product liability law for defective products sold by third-party sellers on its website.The federal district court in New Jersey sided with the New Jersey...

U.S. Product Recalls Reach 10-Year High in Q1

Jun 1 2022 // Over 900 million units were recalled during the first quarter in the United States in the automotive, consumer products, food and drink, pharmaceutical, and medical device industries according to Sedgwick’s latest...

People Moves: Great American Promotes Mulvey; Rivera Succeeds Lubrano at Berkley Product Recall; Fusion Names U.S. Team for M&A

May 27 2022 // Great American Promotes Mulvey to Divisional PresidentGreat American Insurance Group recently announced the promotion of Michael B. Mulvey to divisional president within its FCIA, the division that underwrites trade credit...

Marijuana Testing Lab Sues Michigan Over Major Product Recall

Nov 29 2021 // A marijuana testing lab filed a lawsuit against Michigan regulators after a major product recall and allegations of unreliable results.Viridis Laboratories, with operations in Lansing and Bay City, said the...

Takeaways from Our Conversation about Cannabis Product Liability Suits Worth Watching

Aug 16 2021 // Powered by InsuranceJournal.tvIf you ask just about any insurance pro or risk manager to list the top exposures for a company, being sued is likely to be right up there. And if you boiled that down into another list, among...

U.S. Lawsuit Could Open ‘Giant Can of Worms’ in Amazon’s Fight Against Product Recalls

Jul 23 2021 // A U.S. safety regulator’s decision last week to sue Amazon.com Inc. could bring clarity to a question that has long befuddled courts and state legislatures nationwide: Who is responsible when a product bought from...

Businesses Should Expect More Product Recalls, Regulations After Covid: Sedgwick

May 20 2021 // While the effects of the COVID-19 pandemic have kept inspections and product recall incidents at low levels, businesses should expect a an upsurge in recalls as the world begins to re-open. They should also prepare for the...

Supreme Court Rejects Ford Stance in Product Liability Venue Dispute

Mar 26 2021 // The U.S. Supreme Court on Thursday unanimously ruled against Ford Motor Co. in a case in which the second-largest U.S. automaker had sought to bar two state courts from hearing product liability suits involving a pair of...

Crum & Forster Acquires Aspen’s Food and Beverage Product Recall Business

Dec 2 2020 // Specialty insurer Crum & Forster (C&F) has acquired the renewal rights of Aspen’s U.S. food and beverage product recall insurance portfolio written primarily through the excess and surplus lines market.The...

Johnstone Partners Hires Friedman as an Adjuster in New York

Nov 9 2020 // Johnstone Partners has expanded its national risk management and claims adjusting practices with the hire of Andrew Friedman in New York.Friedman joins Johnstone Partners as an adjuster with six years of claims experience....

Beazley Expands Life Sciences Insurance Offering in UK

Sep 28 2020 // Specialist insurer Beazley has enhanced its life sciences insurance offering in the UK with the launch of a new policy designed to protect the sector’s small and start-up research & development-focused...

Why Manufacturers Cannot Underestimate the Cost of a Recall Event

Sep 21 2020 // The latest recall by Nissan of hundreds of thousands of vehicles in North America in June to resolve a latch problem that may allow the hood to fly open while the cars are moving comes on top of three previous recalls for...

Hiscox Unites 3 Special Risk Teams Under a New Crisis Management Division

Sep 9 2020 // Specialist insurer Hiscox has created a Crisis Management division within its London Market business to include kidnap and ransom, security incident response, terrorism, product recall and personal accident lines.Headed up...

Calif. Court Rules Amazon Liable Like Other Retailers for Defective Products

Aug 14 2020 // Amazon.com can be held liable like other traditional retailers for injuries from defective products sold via its sprawling e-commerce marketplace, a California state appeals court ruled on Thursday.The decision overturned...

Allianz Global Corporate & Specialty Sells U.S. Products Recall Business to Axon

Aug 5 2020 // New Jersey-based specialty lines program administrator Axon Underwriting Services has acquired the renewal portfolio of Allianz Global Corporate & Specialty’s (AGCS) U.S. contaminated and consumer products recall...

AstraZeneca Gets Protection from Future Product Liability Claims for COVID Vaccine

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...

Axon Underwriting Forms Product Recall Crisis Management Division

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...

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...