We have spilled much ink over the past six months commenting on the potential
implications of the FSMA. However, it appears that not only food recalls are on
the rise. According to recent reports,
new regulations (like the FSMA) and ease of access to product complaints,
are driving the increase. Brand protection recalls are also trending upwards.
Food for thought for Underwriters when assessing their appetite for risk in
product recall coverage.
For more information about this post, or WCM’s
product recall practice, please contact Bob Cosgrove at firstname.lastname@example.org.