Zyprexa Lawsuits - Eli Lilly May Lose Insurance Coverage

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In the company's first quarter report for 2006, Eli Lilly says its having

problems with insurance coverage. " We have experienced difficulties in

obtaining product liability insurance due to a very restrictive insurance

market, " the report says, " and therefore will be largely self-insured for

future product liability losses. "

Although Lilly has coverage for a portion of the Zyprexa product liability

claims exposure, the SEC filing states, third-party insurance carriers have

raised defenses to their liability under the policies and are seeking to

rescind the policies.