Insurance

Product Liability Insurance Rates on the Rise

While product liability insurance rates are headed upward, companies that plan in advance, understand the scope of coverage and work with a specialist in the area can mitigate the effects of the increase. ...More
April 25, 2012 By Greg M. Doherty and Morgan Moore
Posted in Articles
Insurance Issues 2012

Product liability insurance is a cost of doing business; fortunately, costs have dropped over the past decade as the dietary supplement industry has addressed insurers' concerns related to product manufacturing, safety and efficacy. ...More
April 18, 2012 By Dick Griffin
Posted in Articles
AERs, GMP Inspections Can Be Double Trouble for Product Liability Applicants

Companies are facing possible new hurdles in renewing or purchasing product liability insurance, based on the mandatory reporting of serious adverse events and the uptick in federal GMP inspections. ...More
November 18, 2011 By Greg Doherty
Posted in Articles
Prop 65 an Immodest Proposal?

Prop 65 covers any product sold in the State of California, requiring warnings on products that contain any of the state's listed chemicals known to cause cancer, and opening companies to costly lawsuits brought by citizens or government. Dietary supplements are in the ...More
October 31, 2011
Posted in Articles
Ask the Experts!

SupplySide West 2011 attendees will have the opportunity to engage with experts from the Consultants Association for the Natural Products Industry (CANI) during show floor hours. ...More
September 28, 2011
Posted in Blog
Nutrition Industry Protecting Intellectual Property

Companies can protect their most valuable asset—their intellectual property—through specific IP insurance that allows them to enforce or defend their rights if challenged. ...More
September 23, 2011
Posted in Articles
Poms Provides Prop 65 Coverage

Poms & Associates is seeing increased interest in Prop 65 insurance protection for suppliers, following market moves by BodyBuilding.com ...More
August 25, 2011
Posted in News, Sports Nutrition
Grifcon Offers Prop 65 Insurance

Supplement manufacturers can now be insured against Proposition 65 liability claims through the ThinkRisk Vitamin and Supplement Program, part of ThinkRisk's Converging Risk Liability Policy. The insurance program provides coverage for false advertising and other similar ...More
August 1, 2011
Posted in News
NPA Offers Member Insurance Through Assurance Agency

Through Assurance Agency Ltd., Natural Products Association (NPA) member companies with as few as one employee can participate in an exclusive Limited Medical Program offering, which provides medical insurance to employees at discounted rates per a new agreement between the ...More
June 13, 2011
Posted in News
Poms Offers New Insurance Solution

Poms & Associates developed an insurance faculty to take companies from $5 million to $20 million with a single policy, a move designed to address Walgreens’ enforcement of higher liability insurance requirements for dietary supplement makers. ...More
December 15, 2010
Posted in News