Food, Drink, Law and Taxes

Daniel FooteGeneral, Laws and Taxes

  In the last few weeks I have either had conversations or read about items in various trade press about the relationship of food, drink, law and taxes. As a result, I thought it would make for a good blog post. Therefore the insurance angle will be minimal. Food Safety & Modernization Act The FDA Food Safety and Modernization Act … Read More

Contract Review

Daniel FooteContracts, Product Recall, Property Insurance, Risk Management

    Contract-A Good Read Contracts, lovely reading are they not? Not always easy to get through but if you are food and beverage manufacturer using a co-packer, distributor, or direct to retail , here are some things you want to keep in mind when reviewing for insurance purposes. Types of Liability Insurance A key contract item is insurance. This … Read More

Liability Insurance Limits

Daniel FooteContracts, General, Liability Insurance, Product Liability

, Why you should know how the liability insurance limits work? The more product you sell the greater the chances of having to deal with contracts. Most, if not all, contracts you will encounter have provisions for insurance coverage. These provisions will stipulate the type of coverage, insurance limits, additional insured status, and perhaps a waiver of subrogation. This post will explain … Read More

Liability Insurance and Contracts

Daniel FooteCommercial Coverage, Contracts, Liability Insurance

The last two posts were general explanations of liability insurance. Liability insurance is often required when entering into a contract with a retailer, wholesaler or distributor. Typically the entity with the most clout will require a contract to be signed. The larger and more sophisticated your client the more sophisticated the contract may be. Larger organizations may have a contract management or … Read More

Contingent Business Income

Daniel FooteBusiness Income Insurance, Commercial Coverage

Let’s pose a what if situation that is very real in the specialty food and beverage business. Your great idea for a food or beverage product gets some traction but you have no desire or capital to begin a manufacturing business. What do you do? You find someone else to make your product to your specifications. Perhaps you even find … Read More

New Craft Brew on the Way!

Daniel FooteBrewery Industry

If you’re a brewer or a lover of craft brews in general check out Jeff Alworth’s article in the October/September issue of Draft magazine for some very upbeat news(http://draftmag.com/features/2011-new-brewery-report/http://draftmag.com/features/2011-new-brewery-report/) . Using  information obtained by the Brewers Association he reported that over 600 breweries are in the works over the next year or two. Wow! This builds on the existing 1,753 … Read More

Describing Quality Is the Name of the Game in Specialty Beverages

Daniel FooteBrewery Industry, Specialty Coffee, Specialty Tea

I recently came across some very interesting programs offered in the brewing, tea and coffee industries. Each program prepares individuals to discern characteristics of the respective products. These informed people can judge competitions, help consumers make more informed choices and play a key role in quality control. First let’s take a look at the Craft Brewing industry. While hunting around … Read More

Brewery and Distillery Insurance for Older Buildings

Daniel FooteBrewery Industry, Distillery Insurance, Property Insurance

Insurance for older structures can be tricky, so if your operation is currently located in one of these structures or you are just thinking about it, take care to review your brewery insurance and distillery insurance. I am seeing more old structures revitalized in downtown areas for breweries and distilleries. The appeal is very obvious. Once renovated, these structures can … Read More