Articles

I have a body of over forty articles I authored on insurance, and product liability in particular, between 2008 and 2019.  These articles were first published in one of two dietary supplement trade magazines, those being Nutraceuticals World (www.nutraceuticalsworld.com) and Natural Products Insider (www.naturalproductsinsider.com).  After publication in these magazines,  they were posted on my supplement website www.gregdoherty.net.

While these articles focused primarily on the dietary supplement industry, many of the common concepts about  product liability insurance are addressed and should  no be construed as relevant only to the dietary supplement industry.

On this website, I have posted about one half of my articles, those I deem should  be more interesting and relevant to people looking for an expert witness.  If you are interested in looking at all of my articles, please visit www.gregdoherty.net.

Product Liability Insurance Rates: An Update On The Basics To Ensure Your Companies Coverage

By Greg Doherty

It’s been almost eight years since I wrote about the basics of what to watch out for as an owner or financial manager of a dietary supplement company when searching for product liability insurance. Things have changed a lot in same cases, and very little in others. This article will update some of the pertinent issues that prevail in today’s insurance marketplace with respect to product liability insurance rates. ...

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Product Liability Insurance Exclusions: What’s In Your Policy?

By Greg Doherty

The popular television commercial that ends with the line “What’s in your wallet?” got me thinking about some of the insurance exclusions that exist (and often are conveniently hidden) in the product liability insurance policies of dietary supplement and nutraceutical manufacturers and retailers. Most people are aware that certain ingredients, and finished products containing said ingredients, are excluded from coverage by all of the carriers. But while there are similarities in the exclusions from one carrier to the next, there are also distinct differences in what they exclude. In...

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Additional Insured Status: What’s The Fuss?

By Greg Doherty

AI Status Can Be A Valuable Tool, But It Has Certain Pitfalls And Constraints To Consider.

For years I have been advising clients to obtain additional insured (AI) status on their supplier’s product liability coverage. This adds another, separate layer of protection, in addition to the product liability insurance purchased in their own name. Conversely, offering AI status to a potential customer may be an additional reason for that company to do business with you. In the dietary supplement industry, AI status for products moving up the supply chain is usually provided by...

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Product Recall Insurance: Drilling Down On Coverage

By Greg Doherty

In the past, commercial general liability insurance (aka product liability) did not cover expenses and damages associated with a product recall; however, this has changed a little. In fact, companies are now seeing essentially two kinds of product recall insurance policies—liken them to the Kia and the Mercedes. One is much more expensive than the other, for a reason. Very limited “first-party” product recall coverage is now available from a few insurers providing product liability insurance to the dietary supplement industry. The limits offered are generally quite low (in one case ...

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Broker Selection Key To Managing Product Liability Insurance

By Greg Doherty

Insurance costs for commercial general liability, including product liability, have skyrocketed in the past few years for all sectors of the dietary supplement industry. In addition to premium cost, companies must consider two other important aspects of product liability insurance. The first is the limits of insurance required. In past years, most companies were able to satisfy customers with limits of $1 million per occurrence/$2 million aggregate. However, during the recent “hard market” for liability insurance, many of the large retailers raised their vendor requirements to $5 milli...

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