I assume yeah if you're the insuring party there, if you see that these people have no remorse and would probably do the same thing again, you don't insure them lightly.
If they're smart they won't insure them at all. An insurer knows that there's a risk that they'll have to pay out, that's the nature of the business. But if a policyholder is all but announcing that they'll do something that will force them to pay out they would be retards to not terminate the policy. That's why car insurance companies drop drunk drivers.
That's why car insurance companies drop drunk drivers.
I imagine it's the same thing where you can get high risk insurance. They will insure drunk drivers longer than courts will let them generally stay on the road. The damage is limited by amount of the policy.
Umbrella insurance or lawsuit insurance or whatever is covering Oberlin must be a bit more open ended.
Hopefully the cost of said insurance skyrockets, and the bean-counters realize (thanks to this ruling) that they have no choice but to pay.
I assume yeah if you're the insuring party there, if you see that these people have no remorse and would probably do the same thing again, you don't insure them lightly.
If they're smart they won't insure them at all. An insurer knows that there's a risk that they'll have to pay out, that's the nature of the business. But if a policyholder is all but announcing that they'll do something that will force them to pay out they would be retards to not terminate the policy. That's why car insurance companies drop drunk drivers.
I imagine it's the same thing where you can get high risk insurance. They will insure drunk drivers longer than courts will let them generally stay on the road. The damage is limited by amount of the policy.
Umbrella insurance or lawsuit insurance or whatever is covering Oberlin must be a bit more open ended.