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Product Recall Seminar

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Product Recall – Global

Ian Harrison

Understanding Recall Issues A major recall in the food manufacturing and retailing sector was once a rare event guaranteed to make the news headlines. Not anymore. Hardly a week passes without some new eruption of salmonella, listeria, E. coli, or other noxious contaminants cropping up somewhere along the food production and distribution chain. When the source is far back along

Contaminated Products Insurance (CPI) and the Food Industry

Ian Harrison

Impact of FMSA and Market Response It was initially thought that the Food Modernization Safety Act (FMSA) passed by the U.S. Senate on November 30, 2010 and signed into law by President Obama on January 4, 2011 might have a significant impact on the Contaminated Products Insurance (CPI) market. The Act – the subject of a previous Lockton white paper

Overcoming Enterprise Disruptions – New Risk Tools Help Companies with the “Uninsurable”

Ian Harrison

The commercial and operational realities of today’s global business environment are creating a whole new class of risks that do not fit neatly into the traditional categories of insurable risk for organizations. We call these “contingent enterprise disruptions,” and they can cause significant financial loss to your organization, as well as inflicting costly damage to your corporate reputation. Counterfeit goods

The Blurry Line Between Beverages and Dietary Supplements: The FDA Position

Lori Hardaway

That the beverage industry has been an area of rapid growth is no surprise to anyone. Beginning about 20 years ago with the introduction of Red Bull, the market has seen the onslaught of products touting increased energy, promoting relaxation, and a host of other health benefits. These products usually claim to be dietary supplements, but the Food and Drug

Wrongful Death, Survival Actions & Medicare – Who Wins? – Allocation is Determining Factor

Roy Franco

If decedent is a Medicare beneficiary, be thoughtful about preparing for the related wrongful death action claim. Medicare most likely will be entitled to reimbursement for the decedent’s related medical expense if there is a settlement, judgment or award. The wrongful death claimants are not protected from Medicare’s reach, but practitioners may seek refuge through proper planning. Segregate the claims

Food exporters, especially from north-eastern Japan, are at high risk of having their export orders cancelled in the coming month.

Rafael Gomes

Peril: Contract Risk Sectors, Assets or Individuals Affected: All Sectors Analysis: In the past week, a number of countries have imposed screening of imports, primarily of food products, from Japan. These include China (including Hong Kong), Indonesia, South Korea and Thailand, while the European Union has recommended that member states start scanning imports as well. These measures come after reports

MARC SMART about new Medicare Secondary Payer Legislation – Introduces Strengthening Medicare and Repaying Taxpayers Act (H.R.#1063)

Roy Franco

On Monday, Congressman Tim Murphy for Pennsylvania and Congressman Ron Kind for Wisconsin introduced H.R. #1063 to bring needed improvements to the Medicare Secondary Payer Act.  Long overdue, the proposed legislation builds on the coalition’s previous effort last year when it launched H.R. #4796.  That legislation died last year when the 111th Congressional Session ended on December 31, 2010. H.R.

Medicare Advantage Plans Have No Private MSP Cause of Action for Reimbursement

Roy Franco

Before today, it was unclear what rights, if any, a Medicare Advantage Plan had under the Medicare Secondary Payer Act. Most felt that recovery rights of a Medicare Advantage Plan were the same as traditional Medicare under Parts A & B. That’s because 42 C.F.R. §422.108 granted Medicare Advantage Plans the same rights as the Secretary which was thought to

Taking Medicare’s Interest into Account in Liability Cases – Federal District Court Decision Says Yes

Roy Franco

It was bound to happen.  When legal responsibility exists to comply with a law, but no policy or procedure is in effect as to how, parties to a liability case will fashion their own solution.  That’s exactly what took place in Big R Towing, Inc. v. David Wayne Benoit, et al,  2011 U.S. Dist. LEXIS 1392 where the court was