Great Article - Ten Insurance Tips

Insurancenewsnet.com posted an excellent article today by Mark Garbowski entitled, Ten Insurance Tips For Corporate Counsel, Risk Managers and Executives. If you are corporate counsel, a risk manager or executive, it is a concise summary of some important things to remember when dealing with insurers.

Three important points raised in the article:

• Consider Insurance Coverage After Every Loss - Any time there is a claim, loss or incident at your company, consider the possibility of insurance coverage. Talk to your agent and consider making a claim.
• Challenge Denials of Coverage - When the insurer declines the claim, seek independent legal advice to determine if coverage is owed.
• Do Not Refuse to Provide Information - When an insurer is investigating a claim, you have a duty to cooperate in accordance with the terms of the policy.