Quote:
Originally posted by russellwarshay
Rudey,
I don't think that our fraternities will be affected. AEPi, Phi Psi, and 20 other fraternities belong to the FRMT, and Kappa Sig does not.
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I know we're in FRMT and I'm really interested in seeing how this all works with insurance. When we all join FRMT, what have we joined?? Does our insurance get pooled with others so if 20 of us put in 1 Million each and there is a $20 million lawsuit against a member fraternity that loses, will it be drawn from that?? That makes no sense so it can't be it but then what the hell is the FRMT? Is it a group to lobby for cheaper insurance costs?
-Rudey
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