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6.300 Insurance
Andronicos "The Great" as Director of the Human Race and Manager Planet Earth commands and Andronicos "The Cynic" responds as follows.........
Insurance is a good thing. Not being able to afford insurance is the best indicator it is needed. Nevertheless, I direct the very unfair and immoral practice of allowing law firms and accountants to buy insurance to pay for their legal costs (used extensively by UK insolvency professionals) be banned immediately. I'm not against the use of insurance to protect professional people from being sued. But I am against professionals buying insurance (which is typically 10% of the estimated final legal bill) so that they can drag people to court with the knowledge that those financially destitute will neither have the funds nor insurance to protect themselves from a lawsuit however frivolous. In the meantime, I direct laws be passed that make insurance companies that fund such actions liable for their total reserves on any awards made against the plaintiff case that they are greedily insuring.
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