Tuesday, January 31

Author: christahampton


Twice the Trouble for Dietary Supplement Liability Insurance Applicants

On Dec. 22, 2007, a bill signed by President Bush a year earlier became law. It established a required notification procedure of serious adverse events (SAE) for dietary supplements sold as well as consumed in the United States. Together with alternate requirements, it mandated the business whose brand name appears on the label keep data related to every article for seventy two weeks through the day the report is first received.In spite of this, the negative events that are "serious" are required to be reported. The clarity of "serious" is simple and includes, but is not limited to, death, a life threatening encounter and in-patient hospitalization.But has some individual examined the implications of not disclosing SAE accounts to their product liability insurance carrier? Not any, and the...