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Insurance companies cut off football’s air supply by Blackwater 01/19/2019, 12:52am PST
The CTE shit has hit the fan.


In the years before football's concussion crisis, dozens of insurers -- including household names such as Fireman's Fund, The Hartford and Travelers -- insured the NFL without restrictions for traumatic brain injury. Many of those companies are now embroiled in a six-year lawsuit with the NFL in New York Supreme Court over who will pay legal fees and claims associated with the 2013 settlement of a class-action lawsuit that is expected to cost more than $1 billion. The market for amateur sports was even larger, according to industry experts, with insurers competing to provide a range of coverages for youth, high schools and colleges.

Insurers worry that concern over traumatic brain injury, like in the case of asbestos, will play out for decades, with carriers potentially on the hook for billions of dollars in legal and medical costs.


Football: the new asbestos?


As claims mount, Gaby, who played high school football in Georgia, said he fears that an increasing number of school administrators will decide: "No more risk, no more football."


Perhaps in the future students will just enjoy a nice game of Magic: the Gathering with their genderfluid peers instead. Say goodbye to joooocks and toxic masculinity!

Football’s doom is being forged in the Peopke’s Republic is California as we speak.


Largely out of public view, a glimpse of that is playing out in California. The state has the most liberal workers' compensation laws in the country. Recently, former players who decades ago reached injury settlements with NFL teams and their insurers have filed new claims...
The players argue that the settlements did not cover traumatic brain injury.

...

The specter of huge legal payouts is "potentially catastrophic for public colleges and high schools," Saar said. "The lawyers, they're drooling over this."

...

Colleges across all levels have been disrupted by the threat of litigation, sowing chaos for insurers whose policies are spread across decades and involve hundreds of schools, conferences and governing bodies.

Over the past five years, well more than 100 individual lawsuits have been filed against the NCAA and its members seeking damages for traumatic brain injuries...
NEXT REPLY QUOTE
 
Insurance companies cut off football’s air supply by Blackwater 01/19/2019, 12:52am PST NEW
    I'm fine with this by RetroRomper 01/20/2019, 3:06am PST NEW
    Re: Insurance companies cut off football’s air supply by Ice Cream Jonsey 01/20/2019, 10:15am PST NEW
        The NFL can absorb the cost, but can little league, highschool and colleges? by RetroRomper 01/20/2019, 8:10pm PST NEW
 
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