The Rising Trend in Product Recalls

What’s behind it? We recently reported about an overall decrease in the number of product recalls. However, we also pointed out the two exceptions to that are products in the automotive and food categories. Both saw substantial increases in 2016….

Recalls and investigations swirl around eclipse glasses and fidget spinners

What happens when you don’t follow the rules Apparently many of the parties involved in selling and distributing faulty eclipse glasses and fidget spinners didn’t follow the 5 Risk Management Steps to Prevent Product Liability Claims.  Being in a rush…

The 5 Steps Involved in a Food Recall

Acting quickly can fend off product liability claims In 2015, USDA recalled approximately 150 food products. The CPSC averages one recall every day. But mandatory food recalls are rare; most recalls originate with the company that produces the food product. …

Pesticides are Reason for Huge Cannabis Edibles Recall

Future cannabis product recalls imminent, so plan now In late December 2015, the Colorado cannabis product industry took a big hit in a voluntary product recall by a well-known edibles company. Banned pesticides were found in some of the nearly…

Bankruptcy Judge Rules on GM Ignition Recall

Punitive damages can be awarded in some cases A while back we posted on the 2014 recall of 2.7 million cars. This recall resulted from 42 deaths, 58 injuries, 13 years of errors and a cover-up by General Motors. GM…

A Strong Case for Having a Product Recall Plan

Better safe than sorry I just read about Graco’s recall of six million car seats. It’s possible they’ll be subject to punitive damages because they may not have notified the National Highway Traffic Safety Administration within the required five days. Punitive damages…

How Negligent Was GM on Ignition Problems?

Negligence in terms of product liability It took 42 deaths, 58 injuries, 2.7 million cars recalled and 13 years of errors and a cover-up before  any definitive action, a product recall, was taken to prevent GM’s vehicles from killing more…

How will surge in product recalls impact small businesses?

Recall-weary consumers ignoring recall notices increases liability risks In 2011, there an average of 6.5 recalls a day.  This is a 42.5 percent increase in recalls from 2007. U.S. regulators, manufacturers, distributors and product liability insurance carriers are concerned the recall-weary public are tuning them…

Product Recall Expense Endorsements Becoming More Common

Cost-saving endorsements for the budget-minded An emerging trend offers cost savings to many small businesses. We’re seeing more insurance carriers starting to offer product recall expense endorsements to their Product Liability policies. These add-on endorsements provide lower cost product recall…

Millions of Drop-Down Cribs Recalled

Putting one infant-safety risk to bed In 2010, the Consumer Product Safety Commission announced a voluntary recall of over 2 million drop-down cribs.  The companies affected by the recalls are: Child Craft (out of business) Delta Enterprise Corp. of New…