"I predicted this over a year ago, and now it's happening" says Doherty. Subsequently, the insurance companies paid out millions of dollars for ephedra http://beautech.ivyro.net/xe/?document_srl=175862 claims, and they have not forgotten that fact.
"As of right now coverage is still available http://www.atltoday.com/?document_srl=403688 for DMAA products from other insurers, but my opinion is that the window is closing. It's really the ephedra http://www.atltoday.com/?document_srl=441165 insurance coverage story all over again."
When it comes to an in-depth understanding of the dietary supplement industry, Greg Doherty is Poms & Associates' mega-multi vitamin of knowledge, experience and reliability.
Greg Doherty, http://beautech.ivyro.net/xe/?document_srl=198683 Practice Leader of the dietary supplement insurance division of Poms & Associates Insurance Brokers, http://soyko.com/xe/?document_srl=77125 Inc, today announced that two of the handful of companies offering product liability coverage to the dietary supplement industry will soon be adding DMAA to their http://soyko.com/xe/?document_srl=103104 respective "ingredient exclusion" list.
Just like you've heard the radio commercial say, "When banks compete you win." we say "When insurance companies compete for your business, you http://beautech.ivyro.net/xe/?document_srl=231626 win." If you're in the supplement industry, and want to be sure that your company has the best possible product liability http://moltrupcity.dk/index.php?page=User&userID=141068&s=a2f187885f906c17645b6ce62c3ab037910dc5d2 insurance, and experience the personal service you deserve, call Greg directly at 818-449-9317
"Companies currently selling DMAA and want it to be covered in the http://www.69project.com/Forum/index.php?topic=376213.0 future face a real dilemma," Doherty adds. If your future policy has a DMAA exclusion, and that claim http://www.nkfocus.com/?document_srl=248610 rolls in, there won't be coverage, even though the policy in your file today covers DMAA."
"There has been too much negative press lately on DMAA, and eventually it was bound to catch the eye of some of the insurance company underwriters. Two carriers will http://forum.jose.ir/viewtopic.php?pid=54968 now exclude it, http://coc.kinfolknation.com/smf/index.php?topic=123693.0 although one has hinted that they may offer coverage for products containing DMAA on a "carveback" basis, which means that based on the type of products being sold, the dosage of DMAA and the http://beautech.ivyro.net/xe/?document_srl=176541 volume of DMAA sales as a percentage of overall sales, this carrier might offer DMAA coverage for an additional premium. "Because of http://www.nkfocus.com/?document_srl=66970 the claims made nature of product liability policies for dietary supplement companies, the product you sell today http://soyko.com/xe/?document_srl=77238 will likely not produce a claim until some date in the future. The key word is 'might.' "
Doherty further noted that as ephedra alkoloids got more and more bad press, these "carvebacks" granting coverage were available, but eventually coverage was excluded altogether. (Los Angeles, http://bookblogger.org/members/maybellecunnif/activity/273618/ CA): More trouble for DMAA, the controversial ingredient in many pre-workout sports nutrition and weight loss products.
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