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Mike Isabella and Partners Sued for "Extraordinary'" Sexual Harrassment

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On 5/8/2018 at 10:26 PM, Pool Boy said:

When you settle, it is pretty much admitting guilt. Pretty much.

I’m late to this, but what a silly, totally incorrect statement for any number of reasons. Pretty much.

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10 hours ago, RWBooneJr said:

This is almost always incorrect.  Your insurer generally has the right to settle whether you want to or not.  Liability obviously factors into the insurer's valuation of a case, but it is only one consideration.  Often, litigation costs factor in more.  Even at insurance defense rates, this type of litigation will cost the insurer anywhere between $200k to over seven figures to get to a defense verdict.  The insurer wants to discourage nuisance suits and plaintiffs always start out with an overly optimistic idea of what a case is worth, so most cases will get pretty far along before settlement is even a possibility.  But, after a point, if the insurer knows that the remainder of the litigation will cost more than the plaintiff wants to settle the case, it will settle.  And that settlement is nothing more than a business transaction.

So what the insurer is admitting to in forcing their insured party is that there is enough meat on the bone to make it go long and cost a lot. So there's something there. Maybe not absolute guilt but enough uncertainty that the insurance company doesn't want the exposure. The business transaction is on the part of the insurance company, not the insured that is being sued, at least in part.

Given the number of people that have come forward and the details the Washington Post was able to dig up, you have to admit there is a mess here and at the core is Isabella.

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[Valid and legitimate points made on all sides, but to avoid drifting off-topic, I think it's best if we give this a rest, just for a little while.

(It's a delicate balance between free speech, censorship, and preventing everyone from killing each other!)]  😦

Cheer,
Sue

 

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