Not sure if this should go in general or legal.
Link to article...http://www.freep.com/article/20130709/BLOG25/307090018/schools-armed-teachers-dropped-insurance
Sumery of article is that Insurance is being or proposed to be dropped or rates dirmatically raised with schools that let teachers carry.
We’ve been writing school business for almost 40 years, and one of the underwriting guidelines we follow for schools is that any on-site armed security should be provided by uniformed, qualified law enforcement officers,” said Mick Lovell, vice president for business development for Iowa-based EMC Insurance. “Our guidelines have not recently changed.”
EMC is refusing to renew coverage “for schools that permit teachers and custodians to carry concealed firearms on their campuses under the new law,” the Des Moines Register reports. The company insures 85%-90% of all Kansas school districts.
In Oregon, the New York Times reports, districts will pay an additional $2,500-a-year premium for each armed staffer.
This isn’t a political move; it’s a business decision.
Bob Skow, chief executive officer of the Independent Insurance Agents of Iowa, told the Des Moines Register that he’s not surprised: “Insurance is all about risk and about pricing the cost of coverage in a way that correctly reflects it. That’s one of the reasons many schools have gotten rid of their trampolines, he said.”
Link to article...http://www.freep.com/article/20130709/BLOG25/307090018/schools-armed-teachers-dropped-insurance
Sumery of article is that Insurance is being or proposed to be dropped or rates dirmatically raised with schools that let teachers carry.
We’ve been writing school business for almost 40 years, and one of the underwriting guidelines we follow for schools is that any on-site armed security should be provided by uniformed, qualified law enforcement officers,” said Mick Lovell, vice president for business development for Iowa-based EMC Insurance. “Our guidelines have not recently changed.”
EMC is refusing to renew coverage “for schools that permit teachers and custodians to carry concealed firearms on their campuses under the new law,” the Des Moines Register reports. The company insures 85%-90% of all Kansas school districts.
In Oregon, the New York Times reports, districts will pay an additional $2,500-a-year premium for each armed staffer.
This isn’t a political move; it’s a business decision.
Bob Skow, chief executive officer of the Independent Insurance Agents of Iowa, told the Des Moines Register that he’s not surprised: “Insurance is all about risk and about pricing the cost of coverage in a way that correctly reflects it. That’s one of the reasons many schools have gotten rid of their trampolines, he said.”