From air bags to food to children’s toys, it seems as if products are constantly being recalled. A product recall is a request to return a product after the discovery of safety issues or defects that could endanger the consumer and/or put the manufacturer or seller at risk of legal action.
Product liability is the area of law in which manufacturers, distributers, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause.
Product liability insurance protects a business against financial loss arising from the manufacture, sale, injury, or damage resulting from consumer use of a covered product. The basic types of product liability claims include manufacturing flaws, production flaws, design defects, and defective warnings or instructions.
As long as products are being made, those products will have problems, and this will result in potentially expensive recalls, product liability claims, and disputes, but has led to heightened public safety.