December 16, 2024
Next year will bring more changes and risk to companies, including continually evolving work environments, product recalls, natural catastrophes, and risks from new technologies, according to a new report that looks the landscape for companies in 2025. Sedgwick’s Forecasting 2025 …
November 15, 2024
If the pace of product recalls continues in the fourth quarter, the number will reach a six-year high by the end of the year, a new report from Sedgwick shows. Year-to-date there have been 2,454 product recalls across five key …
September 3, 2024
Product recalls in the U.S. decreased across the automotive, consumer product, food and drink, medical device and pharmaceutical industries in the second quarter, a new report shows. A report from Sedgwick shows the 788 recalls across those industries represent a …
August 23, 2018
Results of a new behavioral study into what influences the decision to recall a defective product found that medical device firm managers may rely on their physician-customers to screen out detectable defects, in lieu of issuing a recall. The study …
March 9, 2018
The number of U.S. vehicles recalled for safety or technical defects plummeted in 2017 after several years of record levels amid major auto safety crises. Manufacturers recalled about 30.7 million vehicles last year, down 42 percent from a record of …
November 21, 2016
Samsung Electronics Co.’s recall of its fire-prone Galaxy Note 7 smartphone will be one of the biggest recalls ever in the technology industry. The South Korean conglomerate pulled the plug on the entire product line and slashed its third-quarter profit …
May 4, 2015
Increased scrutiny by federal regulators with bipartisan support from legislators will lead to more frequent and larger auto recalls in the future, according to a new automotive warranty and recall report released by Stout Risius Ross, a global financial advisory …
April 30, 2015
Robo calls, social media ads, personal letters from the CEO and even a smartphone app are among ways auto companies are trying to convince more customers to get repairs done on cars recalled for serious safety defects. The unusual steps …
February 17, 2015
For the U.S. auto industry, 2014 was the year of the recall. Automakers issued 803 recalls totaling almost 64 million vehicles, more than double the old record from a decade ago, according to government figures. The National Highway Traffic Safety …