Thread: Insurance
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Old 07-22-2005, 10:21 PM
LATau LATau is offline
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Join Date: Apr 2005
Posts: 11
Unfortunately I don't understand why fraternities allowed themselves to be at the whim of insurance and the legal influence in the first place. I don't understand why GLOs fight so hard to criminalize actions thier chapters commit. It only furthers their dependance on big insurance and creates more opportunities for them to get sued. I hate to say it, but if certain types of hazing that didnt risk life or limb (like a making a pledge get you a soda from the corner store) were understood to be a legally defensible contract iand not a criminal action and strict liability offense, fraternities would not have the issues they have today. Also, fraternities should have fought harder to hold inviduals accountable for their actions rather than organizations. With all the greeks in public service this seems possible. Unfortunately, it seems that lawyers and insurance companies are in cahoots to make every action a criminal offense worthy of multimillion dollar judgments. Insurance companies dont care becuase they can raise rates or drop coverage on bad clients, and lawyers get a payout on the judgment. Insurance margins may be shrinking, but big insurance isnt going out of business anytime soon.

The real victims here are the actives in fraternities, who while they were once treated like responsible adults, are now relegated to being children and told they are behaving as such. To my knowledge, the same shenanigans have been going on for years. The only difference is that times have changed because biglaw got greedy.

Last edited by LATau; 07-22-2005 at 10:24 PM.
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