Oh-oh! Oberlin College’s insurance . . . doesn’t cover the huge verdict against it

American Thinker ^ | June 8, 2019 | Thomas Lifson

[libstripper]

Full title of article:

"Oh-oh! Oberlin College’s insurance company says their policy doesn’t cover the huge verdict against it"

Excerpt:

The insurer that covers Oberlin College for liability, Lexington Insurance Company, filed documents with court last month indicating that its umbrella liability policy would not cover costs of any judgment for the plaintiffs. That means that if, after the appeals process has run its course, the plaintiffs move to collect the $11 million a jury just awarded them (plus whatever punitive damages – up to $22 more – are awarded next week), Lexington likely won’t pay and Oberlin would have to sue for reimbursement.

[libstripper]

The brown, smelly stuff gets deeper for Oberlin College.

[erkelly]

I have a hunch that the college is not seeing a lot of alumnae support either.

[max americana]

that fat ugly leftoad called Lena Dunham is an alumni. Sell the college and name if after the bakery.

[Defiant]

Insurance policies usually do not cover intentional torts, such as libel.

[Cold War Veteran - Submarines]

Gibson Baking College? 😎

[marktwain]

Leftist colleges (the vast majority) have become cash cows and centers of power for Progressivism.

[dp0622]

LOL

[Starboard]

So typical of liberals. They look to others to pay the tab.

[Leaning Right]

> Gibson Baking College? <

[Ken H]

Eggcellent!

[joma89]

Now...this...is...winning!

JoMa

[Chewbarkah]

Does the article mean that the award exceeds the policy limits or that the insurer says the reason for the award is not covered? Perhaps they exclude willful misconduct...

[E Pluribus Bellum]

Oberlin College’s insurance company says their policy doesn’t cover the huge verdict against it

Gee, that’s too bad.

[doosee]

I think Michele Malkin went there. She may have some great comments on this.

[centurion316]

It’s so unfortunate when a liberal mouth overloads their ass and they have to start to behave responsibility.

[centurion316]

It’s so unfortunate when a liberal mouth overloads their ass and they have to start to behave responsibly.

[Ken H]

"The insurer that covers Oberlin College for liability, Lexington Insurance Company, filed documents with court last month indicating that its umbrella liability policy would not cover costs of any judgment for the plaintiffs."

[Saltmeat]

According to Wikipedia Oberlin College has an endowment of $890- million as of 2018. So $11 million here and $22 million there should be mere chump change to them. The bakery may be for sale soon because the current owners will never have to slave over their hot ovens anymore. I just love stories with happy endings.

[Savage Beast]

alumna

[bitt]

CUE THE “ha-ha” GUY....