An excerpt from the CANI “Ask the Experts” panel.

From our vantage point, as insurance brokers for the industry, the trend for lower product liability insurance premiums continues, which has a “good news, bad news” aspect to it. The good news is insurance costs are decreasing, which is good for the bottom line. How much lower prices can go is problematic, however; in the past 10 […]

What’s covered, what’s not and what do you need to know? FAQ for Product Liability Insurance.   Almost every day I get a phone call or e-mail from someone who is starting a dietary supplement company. The questions I get from the caller are always the same. When I sat down to write this month’s […]

UL and the Natural Products Association (NPA) have formed an alliance with Bolton & Company, the leading specialists providing insurance programs for dietary supplement manufacturers and suppliers. Bolton & Company acknowledges the joint UL/NPA Good Manufacturing Practices (GMP) Certification Program as a recognized ANAB accredited GMP inspection and may offer companies achieving UL/NPA GMP Certification […]

Higher insurance limit requirements becoming industry-wide trend, broker says By Hank Schultz 24-Jun-2015 Higher insurance limit requirements becoming industry-wide trend, broker says Distributors across the dietary supplement and natural products businesses are requiring higher liability insurance limits for their suppliers. That’s the bad news; the good news is that the insurance is cheaper than it […]

Provisions are often buried in the ‘fine print,’ so be careful when reviewing your policy. Be wary of any coverage part that puts you in a position of warranting anything as a condition of coverage   Recently I had my annual physical, and my doctor recommended a couple of preventive medicine procedures in pursuit of […]

KeHE Distributors Announces Higher Liability Insurance Limits for Nutritional Products (Pasadena CA June 17, 2015)  Major Midwest distributor KeHe Distributors is vigorously enforcing higher liability insurance requirements for their nutritional products suppliers, reports Greg Doherty, EVP and Managing Director Dietary Supplement Practice Group at Bolton & Company Insurance Brokers. Doherty says KeHE’s actions to raise […]

By Greg Doherty, Bolton & Company | May 1, 2015 The dietary supplement industry has an opportunity to obtain broader product contamination coverage than ever before. Five years ago, I wrote an article about product recall insurance for the dietary supplement industry, analyzing what it did and did not cover, and under what circumstances. I […]

Dangerous warranty questions are becoming more common and could pose a hazard for you at the worst possible time. Five years ago I wrote an article about the existence—or lack thereof—of false advertising insurance. Unfortunately, there is still a widespread perception that a commercial general liability policy provides defense and settlement costs for false advertising […]

Deals in the supplement space are heating up. That’s why it’s important to remember to pay attention to details like Extended Reporting Provision (“ERP”) or “tail” coverage options available in insurance policies that can protect the business going forward in the event of claims. Liability insurance for supplement raw materials suppliers, contract manufacturers and retailers […]