My law practice is devoted to helping policyholders assess their coverage needs by carefully reviewing their current policies.

I often hear risk managers explain what they understand their coverage to be — which sometimes doesn't match the wording of the actual policy.

An effective risk management strategy should include looking closely — perhaps with the aid of outside coverage counsel — at the policy wording to correct potential problems and avoid an expensive coverage-litigation battle. 

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.