The following was taken from an article about the suspension of yet another San Diego area fraternity. This is something that I don't believe most people realize. In this era of huge legal actions and big rewards to "victims," this kind of liability can ruin your financial lives or that of your family -- as well as the GLO, the university and your advisors.
"Craig Melancon, executive director of Phi Kappa Theta's national
office in Indianapolis, said that because the fraternity had agreed
it would accept only 15 members with a certain GPA, the 18 pledges
who did not meet the criteria would not have been covered by the
fraternity's insurance."
"As 18-to 22-year-olds, you think you are bulletproof," Melancon
said. "You don't realize their parents' homeowners policies could
have been in jeopardy and that it could affect their parents' lives."
__________________
Fraternally,
DeltAlum
DTD
The above is the opinion of the poster which may or may not be based in known facts and does not necessarily reflect the views of Delta Tau Delta or Greek Chat -- but it might.
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