Quote:
Originally posted by DeltAlum
A very few large litigations lost will bankrupt the organization, and potentially the member organizations.
To quote again, "The 21 member fraternities of the FRMT, Ltd. are in business together. Loss experience of any one member fraternity will affect the future costs of all 21 member fraternities."
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I'm confused...so I assume the only reason they have gone together is for the purchasing power? I mean, why would you put your butt on the line for another group's potential mistakes if you didn't need to? Heck, Greek unity only goes so far. I know seeing KDR in there is weird to me....they are so much smaller than the rest of those groups...wouldn't the insurance companies differentiate between a GLO with 100 chapters and a GLO with 30 chapters (i.e. more chapters, more risk)?