If you are a property adjuster, you are familiar with losses caused by defective products. While some product defects may be a unique and isolated matter, we are seeing more cases of property damage as a direct result of a defective product. This is why it is so important we bring recent Consumer Product Safety Commission (CPSC) recalls to your attention. Doing so, keeps our network of adjusters informed of products that are defective or of issue.
Consumer Product Safety Commission product recalls
Distinguishing a solid file for recovery can be complicated. When a defective product causes a loss, the manufacturer of the product, the wholesaler, and the distributor may be liable. To know under what circumstances a manufacturer, wholesaler, distributor, or the supplier can be held liable is equally demanding and important. Therefore, when files such as these arrive and you are wondering who is responsible for the damages the product caused, contact us. We will help you identify claims with subrogation potential, propose a plan to identify the responsible third party, and get your company paid.
Recently, the Consumer Product Safety Commission released the following product recalls: