The New Recall Reality: Emerging Exposures + Insurance Impacts
About this episode
The episode discusses the paradox of rising total units recalled despite a dip in recall events and its implications for insurance programs.
A paradox defined 2025: recall events dipped, but total units recalled soared. We dig into why severity spiked, rising labor costs, tariffs, supplier churn, and a two-speed regulatory landscape, and what that means for your insurance program. With CRC Casualty Brokers John O’Malley and Chris Martin, we connect market signals to real exposures, from food’s massive unit surge and undeclared allergens to ingredient supplier liabilities that turn a one-dollar input into a six-dollar downstream lo...
Topics covered
- recall events
- insurance impacts
- emerging exposures
- regulatory landscape
Keywords
- severity spike
- labor costs
- tariffs
- supplier churn
- ingredient supplier liabilities
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