Insurance companies know their business

tekkychick

New member
http://maddowblog.msnbc.com/_news/2013/07/09/19373369-fooling-politicians-is-easy-fooling-actuaries-is-hard?lite

Politicians and pundits care about talking points. Actuaries care about data. (Thanks to reader C.R. for the heads-up.)

As more schools consider arming their employees, some districts are encountering a daunting economic hurdle: insurance carriers threatening to raise their premiums or revoke coverage entirely.

During legislative sessions this year, seven states enacted laws permitting teachers or administrators to carry guns in schools. Three of the measures -- in Kansas, South Dakota and Tennessee -- took effect last week.

But already, EMC Insurance Companies, the liability insurance provider for about 90 percent of Kansas school districts, has sent a letter to its agents saying that schools permitting employees to carry concealed handguns would be declined coverage.​

The insurer's letter explained to officials in Kansas, "We are making this underwriting decision simply to protect the financial security of our company."

And this, of course, makes quite a bit of sense. In the wake of the massacre at Sandy Hook Elementary, far-right policymakers in a variety of states decided the appropriate response was bringing in more loaded firearms into schools, to be kept around children. This is precisely what the NRA recommended -- schools will be safer, the group insisted, with armed school personnel -- and policymakers acted accordingly.

But insurance companies don't much care about political rhetoric, and have fiduciary responsibilities to consider. And wouldn't you know it, the actuaries ran the numbers and decided insuring schools that may include gun-toting teachers is not a wise investment.
 
Color me shocked.....not.

Look....I have no issue with guns or the 2nd Amendment. The issue I have ia with Conservatives putting their typical blinders on when it comes to reducing access of firearms to violent felons and the Mentally Ill......because they are such selfish fucks....or brainwashed minions of the NRA...or as I like to call them....Weapon Manufacturers United(WMU).....you see, the WMU doesn't care how.ma y innocents are killed....as long as the.money keeps rolling in.
 
Color me shocked.....not.

Look....I have no issue with guns or the 2nd Amendment. The issue I have ia with Conservatives putting their typical blinders on when it comes to reducing access of firearms to violent felons and the Mentally Ill......because they are such selfish fucks....or brainwashed minions of the NRA...or as I like to call them....Weapon Manufacturers United(WMU).....you see, the WMU doesn't care how.ma y innocents are killed....as long as the.money keeps rolling in.

I'm not a gun expert so please excuse my ignorance but how do violent felons have legal access to guns now?
 
I'm not a gun expert so please excuse my ignorance but how do violent felons have legal access to guns now?

Who said their access was legal? But with the laws the way they are, they can still get them through private sales where there is no requirement of a background check....that's assuming that the seller is an innocent participant and is using the honor system that the person.he's selling to is on the up and up. Then.there's purposely illegal activities called straw sales....Where.the seller accumulates weaponry, and once again....sells the whole lot to the undesirables in one large private sale transaction...where once again...no background check is required.
 
Who said their access was legal? But with the laws the way they are, they can still get them through private sales where there is no requirement of a background check....that's assuming that the seller is an innocent participant and is using the honor system that the person.he's selling to is on the up and up. Then.there's purposely illegal activities called straw sales....Where.the seller accumulates weaponry, and once again....sells the whole lot to the undesirables in one large private sale transaction...where once again...no background check is required.

So what law could prevent someone not allowed to own a gun from buying one illegally from someone else off the street?
 
Yo, cawack - you can turn this into yet another thread about where felons get guns from or you can focus on the topic -

Insurance companies don't think school employees should be carrying concealed weapons.

Either way, up to you.
 
Yo, cawack - you can turn this into yet another thread about where felons get guns from or you can focus on the topic -

Insurance companies don't think school employees should be carrying concealed weapons.

Either way, up to you.

Why are you saying this to me when steelplate brought it up?
 
ROFL

Insurance companies don't like teachers that molest the kids as well....those penises are armed and dangerous


[h=1]LAUSD loses molestation coverage in new insurance policies[/h]

Facing multimillion dollar sex-abuse settlements, Los Angeles Unified signed contracts Friday to buy five liability insurance policies for the next fiscal year starting Monday, but was unable to get coverage for molestation, officials said.


The premiums total $2.2 million -- about $1 million less than LAUSD paid this year -- but exclude coverage for molestation, a spokesman said. The policies also carry deductibles of $10 million each, compared with $3 million to $5 million for current coverage.


Details of the policies, including the names of the carriers and the total amount of coverage, were unavailable.

http://www.dailynews.com/news/ci_23564806/lausd-loses-molestation-coverage-new-insurance-policies
 
So what law could prevent someone not allowed to own a gun from buying one illegally from someone else off the street?

The "basic" Ignorant "nihilist" movement of the Right.

"why have laws when some WILL break them"

basic American Ignorance.
 
has anyone calculated the percentage of people killed at schools out of the number of people at schools

Nearly everyone knows the talk on guns and schools has to deal with specific weapons MORE able to present a massacre. It's not just about weapons in general as the NRA paid Corporatocracy states it.

When you start making the argument that these Military style weapons are less dangerous than a hammer..........you are a pushover Corporate PUPPET.
 
has anyone calculated the percentage of people killed at schools out of the number of people at schools

I believe it's a fairly low number. Could get bigger if teachers start packing, though.

Re insurance companies not covering molestation - they aren't dumb. It's pretty pricey when a teacher gets caught molesting a student. Just ask the catholic church how much it's costing them to pay for their priests.
 
Yo, cawack - you can turn this into yet another thread about where felons get guns from or you can focus on the topic -

Insurance companies don't think school employees should be carrying concealed weapons.

Either way, up to you.

Steelplate's first post was around the blindness of the NRA. This fits in with guns in schools since they are the ones pushing it. You took it in a different direction.
 
Steelplate's first post was around the blindness of the NRA. This fits in with guns in schools since they are the ones pushing it. You took it in a different direction.

""Look....I have no issue with guns or the 2nd Amendment. The issue I have ia with Conservatives putting their typical blinders on when it comes to reducing access of firearms to violent felons and the Mentally Ill...""

This is what he wrote that I responded to. His statement has nothing to do with insurance or guns in school. To my knowledge the proposal to put guns in school is not about hiring violent felons or the mentally ill as security guards. He's just going on an off-tangent rant so again I'm not sure why you're putting me on blast over this and not him.
 
""Look....I have no issue with guns or the 2nd Amendment. The issue I have ia with Conservatives putting their typical blinders on when it comes to reducing access of firearms to violent felons and the Mentally Ill...""

This is what he wrote that I responded to. His statement has nothing to do with insurance or guns in school. To my knowledge the proposal to put guns in school is not about hiring violent felons or the mentally ill as security guards. He's just going on an off-tangent rant so again I'm not sure why you're putting me on blast over this and not him.

"blast"? that was hardly a blast. I saw your posting last, responded to it, it seemed the most off-topic of the dialog. And now we're going even more off-tangent... so I'll be yelling at myself privately, ok?

Would I jump on you before I jump on Steelplate? Sure. I respect his postings more than yours. Sorry, just the way it is. You've had some good ones, but he's been consistently better.
 
"blast"? that was hardly a blast. I saw your posting last, responded to it, it seemed the most off-topic of the dialog. And now we're going even more off-tangent... so I'll be yelling at myself privately, ok?

Would I jump on you before I jump on Steelplate? Sure. I respect his postings more than yours. Sorry, just the way it is. You've had some good ones, but he's been consistently better.

How many times have we heard "even if it saves just one life it doesn't matter what it costs?"

Seems like that would fit the bill here if you believe arming security guards at school is the correct answer.
 
That's very telling...

I stopped caring if my car had ABS once the Insurance companies failed to offer a discount for having it... it was later shown to not be affective in preventing accidents.
 
How many times have we heard "even if it saves just one life it doesn't matter what it costs?"

Seems like that would fit the bill here if you believe arming security guards at school is the correct answer.

Don't know that I've ever said that.

I don't advocate arming security guards at the schools either.

I think more guns lead to more deaths, in general. Chances of the security guard being in the right place at the right time are pretty slim. I've known some people who went into security work who weren't exactly sane and balanced too.
 
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