As Hurricane Isaac threatens the Gulf Coast, the storm recalls end-of-August hurricanes of years past: Andrew, Irene and Katrina. The churning winds also raise the question: Have you reviewed your company’s insurance policies lately?

CorpCounsel.com invited Mary Craig Calkins and Ronald Kammer into the legal storm cellar to discuss the topic. Calkins, a partner at Jenner & Block in Los Angeles, is the immediate past chair of the American Bar Association’s insurance coverage litigation committee on the policyholder side. Kammer, a partner at Hinshaw & Culbertson in Coral Gables, Fla., is the committee’s current chair on the insurer side. The two attorneys look at insurance from different sides of the aisle, but they share plenty of common ground on what do before and after a storm.

1. EVALUATE THE RISKS YOUR BUSINESS IS LIKELY TO FACE