Businesses cannot survive without the protection provided by insurance.

Prior to 9/11, commercial insurance coverage clauses were filled with industry jargon and obtuse language that even astute executives and managers often had difficulties understanding. In the new world in which we must do business, evaluating and selecting the right insurance coverage is even more complex. And liability may attach through disrupted supply chains or procedures that were previously not considered elements of risk to be managed. Security concerns may inhibit the ability for a business to protect its own property, and terrorism is currently excluded in most property policies.

The lawyers in Powell Goldstein's insurance practice have the range of experience needed to successfully contend with the multitude of issues faced when purchasing insurance or determining whether existing policies provide adequate protection to a business. Members of the group have extensive experience drafting commercial insurance forms as well as negotiating favorable terms upon the purchase or renewal of a policy. We regularly counsel our clients on the adequacy of coverage through review of individual policies or their entire portfolio of commercial coverages.