Tuesday, September 09, 1997

Clinton's insurance, more

A Washington Post article in Wednesday's paper goes a little ways towards answering my question of yesterday about what sort of insurance covers sexual harassment lawsuits. Evidently, it's a pesonal liability umbrella that is standard in homeowner's insurance. This would be clearer if Clinton had actually owned a home when he was governor, but the Post seems to have forgotten that he didn't.

There are other disturbing elements in the article. For example, State Farm & Chubb, the 2 insurance companies involved, seem to have given him money that mere mortals would not have gotten. For example, sexual harassment or, more generically, intentional acts, are usually excluded from such coverage, and are from the policies he held. Also, he didn't go after the money until 3 years after he was legally bound to inform his insurance companies. Also, they don't just let you hire any lawyer you want and pay him $400 an hour. Well, they're pulling out now, but they seem to me to have given Clinton $1.4 million out of the goodness of their hearts. Some people would consider this an illegal contribution.

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