Daikin Fined $8.5 Million for Delayed Reporting of AC Unit Fire Risks

Daikin has agreed to pay an $8.5 million civil penalty to resolve allegations that it failed to timely report fire hazards associated with its air conditioning units. The settlement, announced Friday, addresses concerns that the company delayed reporting incidents that investigators linked to overheating in certain PTAC (packaged terminal air conditioner) and heat-pump units. According […]