I am frequently asked if there is any correlation between GMP certifications and lower product liability insurance premiums. Common sense says there probably should be. Then reality sets in and establishing the correlation becomes murky. Let’s briefly review the current “certification” arena. FDA does not certify compliance to its own regulations. Rather, its role is […]

Greg is quoted in the 2015 State of the Industry Update & Outlook: “Quality, safety and efficacy will continue to determine success or failure in the modern nutraceuticals market, which is under increased scrutiny by federal authorities.In the 20 years following the passage of the landmark Dietary Supplement Health and Education Act (DSHEA), the U.S. […]

While premiums for product liability insurance have dropped dramatically in the past 10 years, they still represent a healthy expense for raw materials suppliers, contract manufacturers and retailers of dietary supplements. Other kinds of commercial insurance are also important and need proper attention (automobile, workers compensation, fire, cyber liability, directors and officers, etc.),ut product liability […]