Latest Product Liability Headlines

10 Texas lawmakers close in on tax reform

May 8 2006 // Although it’s not perfect, agent groups support Perry-Sharp plan 10 Louisiana after the storms Insurance issues top lawmakers’ agenda 10 In case of emergency Get out fast but make sure documents are...

Danger: Paper can cause skin lacerations

May 8 2006 // We have all seen them, those annoying stickers on everything we buy warning us that this bag is not a toy, this or that small object is a chocking hazard, as if left to our own devices we would all be giving our children...

Ready, set … recall

May 8 2006 // Part 1 of a two-part series on Product Recall. Protecting consumers is the number one priority in a product recall. The challenge is whether it can be done without crippling the business. For large and small consumer goods...

State Lawmakers Balk at Growing Trend of Federal Preemption

Apr 10 2006 // As Senate Banking committee members in Washington begin the debate over creating a new federal regulatory scheme for what is now state-regulated insurance, state lawmakers across the country are voicing their agitation...

Lexington Insurance Offering Recall Response for Product Recall Expenses, Liability

Jan 17 2006 // Lexington Insurance Company, a member company of American International Group Inc. (AIG), has introduced RecallResponse, coverage for first-party expenses and third-party liability arising from the recall of finished or...

States Claim FDA Drug Labels Would Undermine State Product Liability Laws

Jan 15 2006 // The National Conference of State Legislatures has accused the federal Food and Drug Administration of attempting to preempt state prescription drug product liability laws despite Congress and the courts’ refusal to...

Lloyd’s Reminds Companies on Importance of Recall Coverage

Jan 4 2006 // A bulletin on the Lloyd’s Web site (www.lloyds.com) reminds companies of the importance of having sufficient coverage in force to handle potential recalls of the consumer products they sell. Lloyd’s interviewed...

Beecher Carlson, Colemont Form ‘Strategic Relationship’

Dec 13 2005 // A strategic relationship has been entered into between Beecher Carlson, an Atlanta-based brokerage and risk management consulting company, and Colemont Insurance Brokers, a wholesale specialty insurance broker with...

Colemont Launches Recall Risk Management Program

Dec 13 2005 // Colemont Insurance Brokers – Chicago has launched the RecallReady program, a product recall risk management program. A key feature of the RecallReady Program is the integration of pre-incident and crisis response...

Nov 20 2005 // The Board of Directors of Arthur J. Gallagher & Co. elected Kay W. McCurdy to serve on its board of directors. McCurdy began her career in 1975 as an attorney at Lord, Bissell & Brook in Chicago and has more than...

Plaintiff Attacks Merck on Safety at Second Vioxx Product Liability Trial

Sep 15 2005 // A product liability trial focused on whether the painkiller Vioxx caused a man’s heart attack started Wednesday, with his lawyer telling jurors the drug’s maker put profits over safety. Merck & Co., the...

Number of Federal Tort Trials Plummeted 80%, Justice Department Reports

Sep 5 2005 // The number of tort trials concluded in U.S. district courts declined by nearly 80 percent, falling from 3,600 in 1985 to fewer than 800 in 2003, according to a new report released by the Department of Justice Bureau of...

Number of Federal Tort Trials Plummeted 80%, Justice Department Reports

Sep 5 2005 // The number of tort trials concluded in U.S. district courts declined by nearly 80 percent, falling from 3,600 in 1985 to fewer than 800 in 2003, according to a new report released by the Department of Justice Bureau of...

R.I. Draft Rules for Importing Canadian Drugs Include Product Liability

Jun 16 2005 // The Rhode Island Health Department has drafted guidelines that would govern drug imports from Canada, and help ensure the medications meet quality and safety standards in Rhode Island. The proposed rules would be another...

Western Security Surplus Offers Free Tough Products Liability Seminar May 11

Apr 6 2005 // Western Security Surplus announced a free Tough Products Liability Insurance seminar on May 11, 2005. The hosts for the seminar will be WSS’ Northern California office and Shand Morahan. The topic is “Insuring...

Medical Science Takes Uneasy Role in Drug, Asbestos Product Liability Cases

Feb 21 2005 // When word spread that people injured by the fen-phen diet drug cocktail could share in a multibillion dollar legal settlement, law firms began sponsoring health screenings so large that a judge quipped that one...

Aviation Products Liability

Nov 22 2004 // Nuts & Bolts: Response Aviation Insurance Services has a new program for repair shops. They will also consider engine shops, cylinder shops, propeller shops and non-critical product wholesalers or...

Chubb Develops Next Generation Coverage for Life Sciences Companies

Sep 27 2004 // The Chubb Group of Insurance Companies announced that it has launched a portfolio of policies to help protect life sciences companies from property and casualty exposures faced by the industry. “Chubb’s...

Products Liability Insurance Seminar To Be Held in Orange County

Jun 8 2004 // Yates & Associates invites agents and brokers to an informative Products Liability Insurance seminar on June 24, 2004. The topic, “Insuring Tough Products Liability Accounts,” will give the attending...

Tort Reformers Look to Score in States after Washington Strikes Out

Mar 8 2004 // Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship...