Quote:
Originally posted by russellwarshay
The reason why the FIPG is no longer the Fraternity Insurance Purchasing Group, is because sororities did not want to continue to subsidize the higher insurance costs of the fraternities in the FIPG.
http://www.frmtltd.org/data/frmt_news/1997_fall.pdf
|
FIPG NEVER had anything to do with actually purchasing insurance. The sororities NEVER subsidized any part of insurance cost for fraternities in the FIPG.
In the early years, it was thought that the group could have its own insurance company but those plans were abandoned before ever being implemented. I think because too few groups joined and the cost was prohibitive.
Hybrid Mode
