To: Enchante
My wife works in special risk insurance. I’m pretty sure Window Direct purchased a special risk insurance policy that pays out if the event occurs, so Window Direct isn’t out the money. It’s pretty much how hole-in-one charity tournaments work.
2 posted on
09/08/2017 6:36:52 PM PDT by
henkster
(We are living in an Orwellian era.)
To: henkster
yes indeed, that is the “twist” I alluded to.... so now we know you didn’t read the article, heh heh.....
8 posted on
09/08/2017 6:53:34 PM PDT by
Enchante
To: henkster
I read that that policy cost them $75,000.
9 posted on
09/08/2017 6:58:00 PM PDT by
gnickgnack2
( Another bad day for Trump, he only got seven major things accomplished .)
To: henkster
So, as always, we ALL pay (or at least all of that insurer's customers) so that some risk-taker doesn't have to suffer the consequence of taking a risk. Hmm.
(The insurers aren't exactly going to just take a loss.)
12 posted on
09/08/2017 7:28:16 PM PDT by
Teacher317
(We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
To: henkster
>> I’m pretty sure Window Direct purchased a special risk insurance policy
And the insurer privately thinking... “sucker... 15 straight... no way”
17 posted on
09/08/2017 9:27:31 PM PDT by
Gene Eric
(Don't be a statist!)
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