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Dec 1, 2021
10:22:46am
blueaussie All-American
I understand what you’re saying but it is worse than that. For example, I serve
on an hoa where the community didn’t want to pay for D&O insurance lawsuit comes up and they want to get it in place so that they have coverage. That’s not how an insurance contract works. If they were to put a policy in force at that time, the only way it would be covered would be to commit fraud and lie about knowledge of a possible claim. But sure seems like they are willing to do that so they can cover it.
blueaussie
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blueaussie
Joined
Jan 20, 2009
Last login
Mar 28, 2024
Total posts
9,839 (50 FO)
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11/30/21 8:27am

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