Toyota Recalling Over 1 Million Vehicles Over Potential Air Bag Issue
Toyota Motor said on Wednesday it will recall 1.12 million vehicles worldwide because a short circuit in a sensor could cause air bags not to deploy as designed.
The recall ...Product Recall News
Teen’s Death After Spicy Chip Challenge Halts Sales
The death of a Massachusetts teenager after his family said he ate an extremely spicy tortilla chip has led to an outpouring of concern about the social media challenge and prompted retailers to pull ...
Record-Breaking Pace for U.S. Product Recalls, Says Sedgwick
The number of U.S. products recalled this year already has surpassed 1 billion, according to the U.S. product recall index recently released by Sedgwick's brand protection division. Only two other ...
Federal Investigators to Review FDA Response to Baby Formula Recall
Federal investigators have launched a review into whether the U.S. Food and Drug Administration properly inspected Abbott Laboratories' Michigan plant and how the agency oversaw the baby formula ...
Attn. Product Recall Insurers: New CEOs More Likely to Issue Recalls
Newly tenured CEOs in the consumer products industry are more likely to announce a product safety recall than CEOs who have been in the position longer, according to a new study of 25 years of ...
Samsung Risks $17B Hit After Pulling Galaxy 7 From Market a Second Time
Samsung Electronics' worst-ever recall could cost the company as much as $17 billion after it halted sales of its flagship Galaxy Note 7 for a second time, spelling an almost certain end for the ...
Allied World Debuts Division Focused on Global Crisis Management Coverage
Allied World Assurance Company Holdings AG established a new division focused on coverage for global crisis management. Five executives – four chosen from within Allied World – will run the ...
Chicken Producer, London Insurers Beak-to-Beak in Product Recall Battle
Foster Farms and its London insurers are facing off over the definition of "product recall" as the poultry producer seeks payment of $14.2 million in claims arising from a government-mandated ...
Willis Launches Product Contamination Insurance Exclusively for Food and Beverage Industry
Willis Group Holdings on Wednesday announced the launch of Recall Shield, a new product contamination insurance product, in partnership with XL Group. Recall Shield has been designed with the BRC ...