Are Private Companies' Liability Risks Adequately Insured?

, New York Law Journal

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In their Corporate Insurance Law column, Schulte Roth & Zabel's Howard B. Epstein and Theodore A. Keyes write: We live in a litigious society and, as a result, many publicly owned companies may view litigation costs and insurance premiums as simply costs of doing business. In many respects, private companies face risks similar to those faced by public companies, yet they may not take the same approach with regard to insurance. A recent survey suggests that many private companies are not adequately insured.

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