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Oh-oh! Oberlin College’s insurance . . . doesn’t cover the huge verdict against it
American Thinker ^ | June 8, 2019 | Thomas Lifson

Posted on 06/08/2019 5:04:14 PM PDT by 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.

(Excerpt) Read more at americanthinker.com ...


TOPICS: Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: bakery; gibsonsbakery; insurance; judgment; liabilitypolicy; oberlin; oberlincollege
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To: Savage Beast

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

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


61 posted on 06/09/2019 8:00:26 AM PDT by gasport (The dung beetle should be the symbol of the Democrat Party)
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To: daniel1212

Thanks for posting.


62 posted on 06/09/2019 8:43:31 AM PDT by PGalt
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To: Saltmeat

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


63 posted on 06/09/2019 8:48:51 AM PDT by mad_as_he$$
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To: Rebelbase

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.


64 posted on 06/09/2019 10:28:22 AM PDT by TheNext (Diversity: Darker Replaces Lighter8)
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To: kiryandil
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.

65 posted on 06/09/2019 10:40:01 AM PDT by Freee-dame (Best election ever! 2016)
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