Power Steering Failed problems of the 2005 BMW 330

I was coming around a curve at around 35 miles per hour when out of nowhere my power steering failed. I nearly ran off the road when the power steering was lost but was able to slow down and stay on the road. Had this happened on an offramp at 50 miles per hour there could have been a completely different outcome. My internet research has shown this is a common problem for the power steering pumps to fail as the internal shaft breaks away in the pump and fluid is no longer circulated within the system. Given that this failure occurred while I was driving the vehicle and this is a common occurrence, I don't see how this is not a recall.