Schools Seeking to Arm Employees Hit Hurdle on Insurance.
As more schools consider arming their employees, some districts are encountering a daunting economic hurdle: insurance carriers threatening to raise their premiums or revoke coverage entirely.
During legislative sessions this year, seven states enacted laws permitting teachers or administrators to carry guns in schools. Three of the measures in Kansas, South Dakota and Tennessee took effect last week.
But already, EMC Insurance Companies, the liability insurance provider for about 90 percent of Kansas school districts, has sent a letter to its agents saying that schools permitting employees to carry concealed handguns would be declined coverage.
We are making this underwriting decision simply to protect the financial security of our company, the letter said.
http://www.nytimes.com/2013/07/08/us/schools-seeking-to-arm-employees-hit-hurdle-on-insurance.html?hp
Skittles
(153,193 posts)gopiscrap
(23,765 posts)I wouldn't want a child of mine to attend a school where employees are armed.
Sherman A1
(38,958 posts)just as the saying goes so to speak...........
TxDemChem
(1,918 posts)The market apparently believes this move would make schools too high of a risk to insure. I hate to use any cliche here, but they have shot themselves in the foot.
raccoon
(31,120 posts)bemildred
(90,061 posts)tartan2
(314 posts)Can't say as I blame them for being fiscally prudent! But all in all I am delighted about this it's like capitalism fucking the NRA!!