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Archive for September 2024

Product Recall Trends: Navigating New Compounding Risks in 2024

The past quarter alone has been an active season for product recalls in the U.S. From April to June, 254.56 million product units were recalled across the automotive, consumer products, food and drink, pharmaceutical and medical device industries. That’s more … Source: Claims Journal

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Microsoft, Cyber Firms Pursue Changes After CrowdStrike Outage

Microsoft Corp. said it’s building an alternative for cybersecurity companies that now utilize the deepest layer of its operating system after a flawed update from CrowdStrike Holdings Inc. triggered a global IT meltdown. The Redmond, Washington-based technology giant announced Thursday … Source: Claims Journal

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Sedgwick Announces Strategic Partnership With Altas Partners

Sedgwick added a new major investor. The global provider of claims management services this week announced an investment from North American private equity firm Altas Partners. Current investors, including funds managed by global investment firm Carlyle and by Stone Point … Source: Claims Journal

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