Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ChicagoConservative27

The judgment will be reduced by orders of magnitude, but this is an example of out of control civil suits. Everyone thinks that this is all free money and “someone else” will pay it. The “someone else” is us in the form of liability insurance premiums. Costs will be passed on to customers or the public who must purchase liability coverage. The result of this will probably be the demise of this security company and since their liabilities will probably will exceed their assets, no one will get any money.


13 posted on 05/25/2018 9:55:51 AM PDT by centurion316 (Back from exile from 4/2016 until 4/2018.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: centurion316

Good.


55 posted on 05/25/2018 10:48:39 AM PDT by Midnitethecat
[ Post Reply | Private Reply | To 13 | View Replies ]

To: centurion316
The judgment will be reduced by orders of magnitude, but this is an example of out of control civil suits. Everyone thinks that this is all free money and “someone else” will pay it. The “someone else” is us in the form of liability insurance premiums. Costs will be passed on to customers or the public who must purchase liability coverage. The result of this will probably be the demise of this security company and since their liabilities will probably will exceed their assets, no one will get any money.

Well stated.

64 posted on 05/25/2018 11:04:28 AM PDT by Ron H.
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson