Suiing your self - Oh My

Thoughts on the need for Insurance

Insurance is important. Look at what happens if you take out Insurance on your liability for driving a car. The Insurance Company does not honor its  commitment and so you sue. Is this like suing yourself?

How about the fact that UCO sees the need for insurance, or the State of Florida requires it for the simple reason that negligence and Malfeasance exist and must be protected against.

You slip and fall in front of our Condo, so you sue your Condo, is this suing yourself?

Are you saying that there is no way we can protect our selves from negligence and Malfeasance of our UCO officers?

Lets not forget the people in the center of this lawsuit are the perpetrators and have a vested interest in having the suit go away.

You know the perpetrators don't seem to be able to offer any defense except to say it is like suing ourselves.

There is a whole class of litigation called first party claims which theoretically consists of lawsuits against oneself. In practice, however, you're really suing your insurance company (you can't file a first party action if you're not insured) and the insurer is generally the named defendant. As is our case.

The need for Insurance is the fact that we as stockholdeanceisrs need some way to protect ourselves from negligence, misfeasance,and malfeasance. This vehicle is insurance. If we (UCO) did not have this insurance then Dave Israel and culprits would have to bear the burden themselves of our successful litigation. So I am sure they are happy the Insurance Company is between them and  the courts.