5 ms·

This does not work, they have insurance against this.

• jiggawatts 3y ago
  Wait... what!? How can that possibly be legal?
  • Zak 3y ago
    It's legal to buy insurance covering civil liability for almost anything other than criminal acts. The price and availability of such insurance tends to vary in proportion to the risk, and policies often have specific exclusions to discourage risky behaviors. Directors and officers insurance is very common. https://en.wikipedia.org/wiki/Directors_and_officers_liability_insurance https://en.wikipedia.org/wiki/Directors_and_officers_liabili...
    • jiggawatts 3y ago
      Claim: “We deserve this compensation because we take the big risks.” Reality: “Our insurance takes care of practically all personal risk.”
• rqtwteye 3y ago
  It may be hard to get insurance once they have to pay more often.