Product Recall 101

Whether it’s for food or manufactured goods, hardly a week passes without news that somewhere, a recall on a product has been issued. Understandably, Product Recall insurance is a fast-growing market for liability coverage for many insurers. Jane McCarthy, vice president of Liberty International Underwriters, talks about the basics of product recall, and why many buyers need it.

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User Comments

  1. Elliott Warburg

    November 11, 2009 at 11:53 am

    Liberty who???- hires only back bench AIG rejects

    what a joke

  2. Marisol

    November 11, 2009 at 5:33 pm

    Are these paid adverts by the Liberty organization? Why don’t they say that?

  3. Bill Drayton

    November 14, 2009 at 5:29 am

    Casualty Coverage? By definition, Products Recall is a FIRST PARTY coverage

  4. Dan R

    November 15, 2009 at 6:46 am

    Boy, that said little – no substances at all.

  5. Brokette

    November 16, 2009 at 11:47 am

    Wow! You guys are brutal. Liberty has an excellent state-of-the-art products recall product offering and their underwriters are very knowledgeable and service oriented. The video was a few minutes long. Were you expected doctoral dissertation material? Sheesh!

  6. Paulie Triangle

    November 16, 2009 at 6:33 pm

    Liberty has not had an original idea in 80 years.
    They hire these AIG refugees and then go to market like it is new and different:”.
    All they have done is broaden coverage, and lower orices significantly to buy a market share. How typical

  7. Lily

    November 23, 2009 at 1:29 pm

    All I’ve ever gotten from LIU is consistency (there’s an original idea!) in underwriting & price – and straight answers. Nothing at all like AIG or AIU, or Chartis, or whatever they’re calling themselves today.

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