Quote:
Originally posted by boz130
Many chapters that are teetering on the brink of collapse seem to have one thing in common: despite warnings from our traveling consultants or interested alumni, the members insist that they can do pretty much whatever they want.
The reason for this is simple, and I'm quoting: "It's okay, we've got insurance with Lloyd's of London." For the record, the school I heard this at has placed LCA on a 5-year suspension. The house has been sold, and it's difficult to say at this point if they'll ever return to campus. With that said, here are my queries...
Do other GLOs have this same attitude? How many groups is Lloyd's backing? Have you found that alumni/ae involvement has helped in situations like this?
RE: the last point, I'm not sure if it helps in some instances because many of the LCA alums @ this august institution were just as crazed as the undergrads. Their primary reason for coming back to school for Homecoming was to get geezed and par-tay.
I know it's the end of the school year, and people are thinking about their summer vacations ("Oh, boy, gas here is only $2.13/gallon!"). Any thoughts on this are greatly appreciated.
Thanks--
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Well, in reading some headlines about the lawsuits and charges against fraternities on many different campuses, you'd think the undergraduates would get the message:
Yes, you are insured, but only IF you follow the guidelines (in other words, the RULES) established by your national organization, campus, and chapter by-laws. If it can be proved you knew you were violating rules, and chose to do so anyways, then the insurance WILL NOT APPLY if you have any damages.
Insurance is NOT a "catch-all" and safety net. You can be in serious trouble if the insurance company decides not to underwrite a claim. If a claim is large enough (i.e. from a lawsuit)...it could potentially drag down an entire national organization, and I believe that came very close to happening to another national GLO just a couple of years ago.
I think it ties back into the same problems we're always seeing in chapters that suddenly find themselves on the chopping block: (1) the "it can't happen here" mentality, (2) the "it's OK, we're insured" fallacy, (3) the worst: "it's tradition".
Basically, it all ties back to a familiar phrase "Those who refuse to learn from the lessons of history are doomed to repeat it."
Ignorance is NOT bliss. Ignorance is just a guaranteed path to obsolesence.
< Stepping off soap box now >