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#insurancehistory

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Meredith Brasher

Did you listen yet? The next episode of Insurance vs History is out now! Join me for a discussion of “deep pockets” as I dive deep into the Station Nightclub Fire. insurancevshistory.libsyn.com/

insurancevshistory.libsyn.comInsurance Vs History: Insurance vs The Station Nightclub FireInsurance vs the Station Nightclub Fire Without giving my age away entirely, I will admit…I’m a child of the 80s. I’ve been lucky enough to have seen several of my favorite 80s artists perform their greatest hits.  It never crossed my mind that something could go wrong during a concert and I might be in danger. But on February 2, 2003, more than 400 people who also loved the 1980s attended a concert at the Station Nightclub in West Warwick, Rhode Island. But that night, something went wrong. A fire broke out at the concert, resulting in 100 deaths and 230 injuries. When bad things like this happen—insurance should respond. That’s what it’s there to do. But what if the people responsible don’t have enough insurance to compensate those affected by the disaster? Well, then things get complicated. This is a story about how small decisions can result in tragedy; how fire spreads faster than you imagine; and how the people who are responsible are sometimes not the people who are held accountable. Selected Sources and Links: ·         ·         ·         ·         ·         ·         ·         ·         ·         ·         ·         ·         ·         ·         ·         ·         ·         ·         ·         ·         ·         ·         ·         ·         ·         ·           Sources with Paywall: ·         Liability Policies Getting Lost in 'Deep Pockets'. Hazeltine, Rick.  San Diego Business Journal; San Diego Vol. 6, Iss. 33, Mar 17, 1986 ·         How to raid deep pockets — the Chicago way. Choslovsky, William.  Chicago Tribune Tribune Publishing Company, LLC. Oct 27, 2017 ·         Cappelletti, Marco, 'Deep Pockets', Justifying Strict Liability: A Comparative Analysis in Legal Reasoning. Oxford, 2022 ·         Great White was carrying $1 million in insurance; five lawsuits filed. Fitzpatrick, Edward.  Knight Ridder Tribune News Service; Washington. 03 July 2003 ·         Rhode Island Nightclub Lessors Sue for Insurance Coverage. Ebbert, Stephanie.  Knight Ridder Tribune Business News; Washington. 24 Apr 2003 ·         Lessons learned from the station fire.  and  Aug. 2013 (Vol. 49, Issue 8)Publisher: American Association for Justice Books: ·         ·         Documentaries/Television: ·         48 Hours: Season 34, episode 5 “Thursday Night” ·         ·           Music Credits: Boulangerie by Jeremy Sherman, courtesy of NeoSounds: Contact Me: Website: https://insurancevshistory.libsyn.com Contact me!  Email: Instagram: @ insurancevshistory Facebook: 
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Meredith Brasher

New episode of the Insurance vs History Podcast is out TODAY! How can insurance save a company from bankruptcy? How does litigation funding work? Why did a lawsuit about a famous wrestler’s sex tape become a warning to journalists everywhere about the power of Silicon Valley? Join me for a discussion of the court case funded by Peter Theil that bankrupted an online news organization: Hulk Hogan vs Gawker!

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