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Tougher legislation, a growing number of recalls and amplified media scrutiny are driving increased interest in the market for Product Recall Insurance products.
Claims in the Product Recall segment tend to be substantial, as the dollar losses—especially in the food & beverage industry—are typically large and the repercussions extreme, experts say. Read More For Nicky Alexandru, head of Crisis Management and vice president of Global Casualty for AIG, the Product Recall segment is an ongoing process of discovery. Read More Shawn Moynihan |
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