Industry seeks more insurance options against food safety risks

05/08/2012 04:54:00 PM
Tom Karst

Panelists Mary Chevoya, owner/agent for CSI Insurance Group, Fresno, Calif., and David Mace, underwriter for CSI, discussed private insurance options available to companies facing a food recall.

Mace said there has been a 300% increase in recalls since 1999.

“When we are not directly involved but we are impacted so severely, we have nothing to hang on to,” Steele said. “In many cases, the ones not directly involved are just as devastated as the ones that were.”

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