Allianz Global Corporate & Specialty (AGCS) is acquiring the renewal portfolio of Liberty Mutual Insurance’s U.S. product recall and special contingency business. The effective date is Jan.30, 2018. The business being acquired was written through Liberty International Underwriters (LIU) U.S., …
Exploding Samsung phones, error-prone Takata airbags, faulty GM vehicle ignition switches, failing Johnson & Johnson hip implants — multi-billion dollar product recalls have become more common over the past decade. According to one insurer, product-related risk is one of the …
United Technologies Corp.’s Kidde unit is recalling more than 40 million fire extinguishers mainly in the United States, a U.S. consumer safety agency said on Thursday, following reports that they failed to work and caused one death in 2014. Kidde, …
A North Carolina company is recalling nearly 5,000 pounds of ground beef that may be contaminated with plastic foam. The U.S. Department of Agriculture’s Food Safety and Inspection Service said in a news release Tuesday that JBS USA Inc. of …
A Mississippi-based business is recalling about 130,000 pounds of meat and poultry frozen entree products due to bacterial contamination. Listeriosis, the infection caused by the listeria bacteria, can cause fever and muscle aches, often with other gastrointestinal symptoms. The U.S. …
The U.S. Department of Agriculture says a Memphis meat packer has recalled some ready-to-eat ham products due to possible bacterial contamination. The USDA’s Food Safety and Inspection Service said in a news release Tuesday that the recall includes ready-to-eat hickory …
Large liability claims are becoming more expensive, complex and international, with activity increasing outside the United States, according a report published by Allianz Global Corporate & Specialty (AGCS). “Although recent years have seen a noticeable rise in large environmental liability …
Technology is expected to be a major driver of liability claims in the years ahead – cutting frequency and increasing new threats such as cyber, product liability and recall risk, according a report published by Allianz Global Corporate & Specialty …
A Los Angeles-area company is voluntarily recalling one of its vegetarian snacks because it may contain trace amounts of unlisted peanuts. The firm, Beyond Meat, said in a release that peanuts were detected in some of its Feisty Crumbles snacks …
A recall has been issued after two people in Florida found a dead bat in the packaged salad they were eating. The Miami Herald reports that Fresh Express has recalled its Organic Marketside Spring Mix, which was shipped to Wal-Mart …
