product recall coverage News

Liberty International Underwriters Launches Auto Parts Recall Policy

Liberty International Underwriters, part of Liberty Mutual Insurance, has launched an Automotive Components Product Recall Policy designed to cover first and third party recall expenses. The policy coverage encompasses critical, noncritical and after-market parts with limits of $5 million primary …

Allied World Launches Product Recall Insurance in North America

Allied World Assurance Company Holdings, AG has added product recall insurance products for the U.S. and Canada through its Global Crisis Management Division. The product recall insurance offers both first party and third party coverage and it allows clients to …

ACE Westchester Enhances Product Recall Insurance Offerings

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 recoveries, market withdrawals, and/or recalls Limits …