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Product Liability Insurers To Exclude DMAA From Coverage

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By: Sean Moloughney

Editor, Nutraceuticals World

Greg Doherty, practice leader of the dietary supplement insurance division of Poms & Associates Insurance Brokers, Inc., Los Angeles, CA, has announced that two of the companies offering product liability coverage to the dietary supplement industry will soon be adding DMAA to their respective “ingredient exclusion” lists. “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,” said Doherty. He added, “Companies currently selling DMAA and want it to be covered in the future face a real dilemma. Because of the claims made nature of product liability policies for dietary supplement companies, the product you sell today will likely not produce a claim until some date in the future. If your future policy has a DMAA exclusion, and that claim rolls there won’t be coverage, even though the policy in your file today covers DMAA.” 

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