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.

[gasport]

“The brilliant intelligence of Freepers never ceases to amaze!!!!”

Ehhh, being a couple degrees off plumb is more contributory.

[PGalt]

Thanks for posting.

[mad_as_he$$]

$890mill for a college that old isn’t all that much. Coed liberal arts since 1833, guess the alum doesn’t make big money.

[TheNext]

What a large burden these liberal affirmative action hires are to their company. They burden normal employees who will lose ther job because of foolishness.

[Freee-dame]

Donica Thomas Varner, the college's general counsel, said he was disappointed with the verdict and denied the college had defamed the bakery or its owners.

I wonder what Donica's definition of "defamed" is. She must think that the "rules" allowing lying by the propaganda media in the USA apply to court cases like the Oberlin one.