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Post by regaldefined on Jan 30, 2008 12:11:55 GMT -5
Okay we all have been privvy to our orgs and hazing scandals. Our fees are past ridiculous because of insurance costs, but what if it wasn't enough? What if due to a lawsuit from a hazing charge your org lost its charter or 501c7 tax status as result. What if the insurance decided to stop covering your org thereby bankrupting it due to lawsuit costs?
Would you fight to keep your org alive?
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Post by Gee-Are on Jan 30, 2008 17:15:42 GMT -5
good question...
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Post by Southie on Jan 30, 2008 18:08:09 GMT -5
Hazing?? What a mystery. Can't comment on that one.  |
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Post by busybee3 on Jan 30, 2008 20:36:02 GMT -5
What do you mean by "fighting?" Would I continue to support my org until its 501(c)(7) status could be reinstated? or until they found an insurance carrier willing to underwrite the risk? Sure!
*unpopular opinion*
While under no other circumstances would I support the dissolution of undergraduate chapters, if our ability to operate and receive insurance coverage was contingent upon dissolving undergraduate chapters, I would support a temporary moratorium on undergraduate operations. That moratorium would only be used to provide comfort to our insurance carrier that the risk was manageable OR find another carrier. I work in the insurance industry and trust and believe...there will always be a carrier that will underwrite the risk. You'll just have to show them the money.
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Post by Boomerang08 on Feb 5, 2008 17:22:39 GMT -5
Yes of course...we'd have to find another way to stay afloat. Maybe change our "designation"
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konfucius1911
OOA pledge
"Failure (in itself) is NOT a sin, but LOW AIM most definitely is."
Posts: 204
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Post by konfucius1911 on Feb 7, 2008 22:56:38 GMT -5
What if the insurance decided to stop covering your org thereby bankrupting it due to lawsuit costs? Would you fight to keep your org alive? I can't (or actually, WON'T) post the details; but KAPPA ALPHA PSI has already had to deal with that exact issue; and we've managed. |
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Post by mrknowitall on Feb 8, 2008 10:12:55 GMT -5
While under no other circumstances would I support the dissolution of undergraduate chapters, if our ability to operate and receive insurance coverage was contingent upon dissolving undergraduate chapters, I would support a temporary moratorium on undergraduate operations. That moratorium would only be used to provide comfort to our insurance carrier that the risk was manageable OR find another carrier. I work in the insurance industry and trust and believe...there will always be a carrier that will underwrite the risk. You'll just have to show them the money. I disagree with dissolving undergraduate chapters. In essence they are the lifebloods of our organizations. All D9 orgs started as undergraduate chapters and evolved to international ones. We have all seen that moratorium is not a great solution to the problem of hazing. IN fact I would argue that it will cause more underground hazing and more obssession with coming in the "right" way. College campus need orgs like A Phi A, AKA, DST, KAPPA, Iota etc especially at PWIs. If our orgs were just alumni only...I assure you there would be less community service, less people active, less intake! |
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oesdiva
I am just a newbie
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Post by oesdiva on Feb 8, 2008 14:16:14 GMT -5
What if the insurance decided to stop covering your org thereby bankrupting it due to lawsuit costs? Would you fight to keep your org alive? I can't (or actually, WON'T) post the details; but KAPPA ALPHA PSI has already had to deal with that exact issue; and we've managed. i think more than just Kappa Alpha Psi has dealt with this issue i just think the Kappas seem to get more press about it.... |
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oesdiva
I am just a newbie
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Post by oesdiva on Feb 8, 2008 14:17:56 GMT -5
Is there a solution to what faces the NPHC, hell all greeks, at hand with the intake issues they are having?
i am just wondering
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Post by BklynPearl on Feb 11, 2008 12:04:27 GMT -5
While under no other circumstances would I support the dissolution of undergraduate chapters, if our ability to operate and receive insurance coverage was contingent upon dissolving undergraduate chapters, I would support a temporary moratorium on undergraduate operations. That moratorium would only be used to provide comfort to our insurance carrier that the risk was manageable OR find another carrier. I work in the insurance industry and trust and believe...there will always be a carrier that will underwrite the risk. You'll just have to show them the money. I disagree with dissolving undergraduate chapters. In essence they are the lifebloods of our organizations. All D9 orgs started as undergraduate chapters and evolved to international ones. We have all seen that moratorium is not a great solution to the problem of hazing. IN fact I would argue that it will cause more underground hazing and more obssession with coming in the "right" way. College campus need orgs like A Phi A, AKA, DST, KAPPA, Iota etc especially at PWIs. If our orgs were just alumni only...I assure you there would be less community service, less people active, less intake! She didn't say get rid of UG chapters, she said hold off on having UG intake for a certain time period. |
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