DITTO what hoosier said.
LXA had Lloyds of London for years. Why, because they offered Insurnace to High Risk Situations and that through Risk Management has become.
Insurance Rates dont neccessarly mean that a Chapter or a National is being good, but what all Greek Organizations are doing. This is really brought into the mix.
Insuring Greek Organizations has become High Risk, ergo, High Insurance Rates.
For 3 years, LXA Insurance Company had Us listed in Pittsburgh, Penn., when we were in Pittsburg, Ks. We finally got a rebate that amounted to a nice sum for the Chapter.
I cannot remember where I saw it, so dont ask, but, there were 3-5 GLOs that had more Risk violations from all GLOs. I was very surprised as to who they were to say the least.
The solution is simple, if there is No Risk Management Problems, then The Rates will go down with prodding from IHQs.