Tuesday, November 26, 2013

Ironshore Specialty Insurance Co. has sued to disavow covering Ameridose for claims of victims


Law360, New York (November 25, 2013, 1:43 PM ET) -- Ironshore Specialty Insurance Co. sued to disavow covering a New England Compounding Center sister pharmacy against claims from alleged victims of the NECC-linked meningitis outbreak, saying Friday that attempts to paint the insured as an NECC alter ego don’t qualify for coverage.

Ironshore argued in Massachusetts federal court that Ameridose LLC — a compounding pharmacy owned and operated by many of the same people as NECC but legally distinct — cannot tap its $5 million excess policy for defense and indemnity against personal injury suits that...
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1 comment:

lindy.bear said...

As I predicted. The insurance companies for NECC and Ameridose will refuse to pay citing reasons such as "manufacturing" was not a covered benefit, etc.

The patients harmed, can try going after individual owners of NECC (if they can pierce the corporate veil), as well as their own physicians. Either way, it will be a tough road for them.

Kenneth Woliner, MD
www.holisticfamilymed.com