Product Recall: Covering Your Bottom Line

"The risk of a product recall, and what that probability is, is almost impossible to answer, but I think the safest bet is everybody should plan for the potential product recall event," advises Actuary Kevin Bingham, who co-authored "Product Recall: Covering Your Bottom Line" in the March/April 2011 issue of the American Academy of Actuaries' bimonthly magazine, Contingencies.