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Started By
Message
Hmmm...I wonder what the insurance policy is for Mandalay Bay
Posted on 10/3/17 at 8:47 pm
Posted on 10/3/17 at 8:47 pm
Im sure its interesting
11
Posted on 10/3/17 at 8:49 pm to CptBengal
The economy mix impact is going to be interesting.
I also wouldn't be surprised to see a class action suit against them by the victims and their surviving families.
I also wouldn't be surprised to see a class action suit against them by the victims and their surviving families.
Posted on 10/3/17 at 8:50 pm to 4LSU2
How can Mandalay Bay be held responsible for this? Where is SFP?
Posted on 10/3/17 at 8:51 pm to 4LSU2
quote:
I also wouldn't be surprised to see a class action suit against them by the victims and their surviving families.
I'm not disagreeing with you, but how were they in any way negligent?
Posted on 10/3/17 at 8:52 pm to CptBengal
Do most GL policies cover the insured for shite like this? Something tells me not.
Posted on 10/3/17 at 8:53 pm to CptBengal
Posted on 10/3/17 at 8:54 pm to GFaceKillah
It beats your..."white peeps is raciss"...posts by a loooong mile.
Posted on 10/3/17 at 8:56 pm to CptBengal
You tell us "scientist"! 
Posted on 10/3/17 at 8:56 pm to CptBengal
Not interesting at all.
Posted on 10/3/17 at 8:56 pm to CptBengal
I wonder if that venue is going to get much patronage going forward...
Posted on 10/3/17 at 8:57 pm to baybeefeetz
Most policies exclude acts of terrorism.
Posted on 10/3/17 at 8:58 pm to CptBengal
quote:
It beats your..."white peeps is raciss"...posts by a loooong mile.
You must have me confused with someone else.
Posted on 10/3/17 at 8:59 pm to baybeefeetz
quote:
Do most GL policies cover the insured for shite like this? Something tells me not.
Depends on the label the government gives it. If the US labels it an "act of terrorism" it won't be picked up unless they specifically bought coverage for that type of event. (See Terrorism Risk Insurance Act)
Insurance companies will have to pay something I'm sure. The defense costs alone for a case this large could eat away at the policy limits pretty fast.
Posted on 10/3/17 at 9:00 pm to baybeefeetz
I don't see how they would be liable but unfortunately they are the "deep pockets" in this situation.
The court would need to find them liable first as you know.
I'm guessing the surveillance will be telling. We all know every inch of every casino is watched
The court would need to find them liable first as you know.
I'm guessing the surveillance will be telling. We all know every inch of every casino is watched
Posted on 10/3/17 at 9:06 pm to bradwieser
quote:
Most policies exclude acts of terrorism.
In my experience as a risk manager, I always had to opt out of terroisim coverage.
Posted on 10/3/17 at 9:06 pm to Mr.Perfect
MGM Mirage will absolutely be sued
Hopefully the jury finds in their favor like they did in the CO theater lawsuit
Hopefully the jury finds in their favor like they did in the CO theater lawsuit
Posted on 10/3/17 at 9:08 pm to CptBengal
Posted on 10/3/17 at 9:09 pm to olemissfan26
quote:Nah, not likely.
Insurance companies will have to pay something I'm sure.
Posted on 10/3/17 at 9:11 pm to CptBengal
Posted on 10/3/17 at 9:15 pm to CptBengal
Generally insurance policies don't cover intentional acts or acts of terrorism.
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