That sinking feeling
Wait a minute, Henry: why would that be a surprise? Of course the families of those killed would seek some kind of compensation.
Well, that’s true, of course, but this lawsuit was actually filed by the boat’s owner against those families.
Hunh??
Well, it seems that there’s a longstanding maritime law that enables a boat’s owners to limit (or even prohibit) monetary damages as a result of this kind of tragedy:
Wow, talk about heartless.
But maybe not:
“The owners … have blamed their insurers for a lawsuit that they filed to limit their payouts to victims’ families, calling it an “unfortunate side of these tragedies.”
Oh sure, blame the insurer.
On the other hand, it’s the insurer’s duty to its policyholders and owners (stockholders) to limit those damages, and that’s why they keep lawyers on hand for just this kind of situation. It does seem rather crass, but the insurer is also bound to do all it can to mitigate the damages. And the timing, while unfortunate, may have little to do with lack of compassion, and much to do with timely filing.
Our hearts, of course, go out to those families, but this seems to be strictly business.
Source: http://insureblog.blogspot.com/2019/09/that-sinking-feeling.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).