May 24, 2024 | New York Law Journal
'Buy and Shelve': A Deadly Strategy for Life InsuranceCorporations typically have risk management departments that stay on top of their coverage portfolios, but individual policyholders all too often purchase policies and simply file them away in the apparent hope that the mere act of buying coverage serves as a hedge against ever needing it. This is the "buy and shelve" approach to insurance. And, while it's never a good strategy, it is particularly dangerous in the context of life insurance.
By Christopher C. Loeber and Helen P. Hunter
7 minute read
October 25, 2016 | Corporate Counsel
Matthew's Message: Maximize Insurance Recoveries After a Major Weather EventA properly planned, implemented and maintained insurance program is the very best way for a business to shield itself from the devastating financial impact of a severe weather event. Yet, a surprising number of in house lawyers and top executives fail to give insurance the attention it deserves.
By Christopher C. Loeber and Joseph M. Saka
14 minute read
October 28, 2013 | Corporate Counsel
Lessons From Sandy: 4 Steps for Shoring Up InsuranceWith the first anniversary of Superstorm Sandy bearing down upon the Northeast, now is the time for business owners across the country to review insurance coverage and prepare for the next big weather event.
By Christopher C. Loeber and Daniel Thiel
5 minute read
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