Quote:
Originally posted by 33girl
The rest of this forum has nothing to do with price gouging, if that's indeed what is happening here.
|
The point is that because a poster calls something price gouging, that doesn't make it so.
The point is that if you look at the rest of the threads in the forum, it might explain why prices keep increasing.
The point is that fraternities are almost un-insurable.
The point is that, like anything else, insurance companies are a business, not a philanthropy. When payouts go up, income must, too or the business fails.
The point is that whether a chapter has a perfect year or not, if the other chapters in the organization don't all have perfect years, the insurance costs are going up. It's a cumulative formula.
The point is that it isn't little bits of hazing that like pledges getting cokes that make the prices soar, it's liability suits for deaths and injuries -- it's damage to fraternity houses -- it's falls from high places -- it's fires and all of the other things listed in this forum that make prices rise.
The final point is that the cost of everything is going up, but not as quickly as our insurance rates. The reason for that is that many of us don't practice Risk Management to the extent that we should.
Everyone should be a chapter advisor, House Corp. President or National/Regional officer. It's a real eye opener.