Amazon.com Inc. on Tuesday said it would pay customers who suffer injuries or property damage from defective goods others sell on its U.S. platform, in a new policy that could reduce litigation. For years, consumers have sued the world’s largest …
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 the world’s largest online retailer hurts …
Johnson & Johnson is voluntarily recalling five Neutrogena and Aveeno brand aerosol sunscreen products after detecting a cancer-causing chemical in some samples The New Jersey-based company said on Wednesday that consumers should stop using the products and discard them after …
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 prospect of new …
Elanco Animal Health Inc said on Friday it was backing the safety of its popular pet collars to repel flea and ticks after a Congressional subcommittee asked for the product to be recalled following reports linking it to hundreds of …
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 insurance business written through Allianz Global Risks US Insurance Co. The transaction builds …
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 clients. Axon’s Crisis Management Division is led by Alex Pittignano, senior vice …
Fidelis Insurance, the Bermuda-headquartered re/insurer, announced it has taken an equity stake in a new managing general agent (MGA) Perigon Product Recall Ltd., and will be providing underwriting capacity. Perigon’s focus will be product recall and product contamination coverage for …
Three major U.S. retailers, including Walmart, are removing all 22-ounce bottles of Johnson & Johnson’s baby powder from their stores, following the healthcare conglomerate’s recall last week of some bottles due to possible asbestos contamination. CVS Health Corp. said on …
Johnson & Johnson said on Friday it is recalling around 33,000 bottles of baby powder in the United States after U.S. health regulators found trace amounts of asbestos in samples taken from a bottle purchased online. The move marks the …
