[sac-forum] Re: SAC Insurance

Is that not what the board is trying to do, "minimizing risk (and thereby
decreasing the likelihood of paying a claim.)"  If wavers are put into
place, would the insurance company reduce the cost to the club, or increase
the coverage, since we would be lowering there risk also?

Tom Hilton

-----Original Message-----
From: sac-forum-bounce@xxxxxxxxxxxxx [mailto:sac-forum-bounce@xxxxxxxxxxxxx]
On Behalf Of Peter Argenziano
Sent: 09/13/2005 8:03 AM
To: sac-forum@xxxxxxxxxxxxx
Subject: [sac-forum] Re: SAC Insurance

I'm not surprised the insurance company would recommend using liability
waivers, after all their primary concern is minimizing risk (and thereby
decreasing the likelihood of paying a claim). Though I haven't seen these
guidelines, they were most likely prepared by actuaries - folks whose job
it is to calculate insurance risks and premiums.

Peter 

-----Original Message-----
From: sac-forum-bounce@xxxxxxxxxxxxx
[mailto:sac-forum-bounce@xxxxxxxxxxxxx] On Behalf Of Stan Gorodenski
Sent: Tuesday, September 13, 2005 8:23 AM
To: sac-forum@xxxxxxxxxxxxx
Subject: [sac-forum] Re: SAC Insurance


>An interesting note, is that the insurance carrier recommended waivers 
>for all SAC events (They even provided some guidelines, which if I 
>recall were far more stringent than what in to offing now).
>  
>

These guidelines were probably formulated by administrative employees
sitting behind desks and looking at tables of data, graphs, and other
statistics, all of which doesn't include SAC, fitting models, and then the
final "guideline" from all this analysis and modeling is then formulated by
some managerial types even further removed from the actual  insured, and
then these "guidelines" are applied in a blanket fashion, possibly with the
exception of a distinction being made between general classes of insured.
As such, they are more than likely completely unrealistic applied to us in
our situation, with the possible exception of the MM. We are not a crowd at
a meeting who do not know each other, but are a small group of individuals
gathered together because of a common hobby/avocation, who do know each
other, and, I hope, are all friends. Are we going to now require waivers to
attend the SAC Christmas party, a club event, at AJ's?
Stan

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