According to The Reload, Lloyd’s of London is dropping all coverage for the NRA’s Board of Directors through their officers and directors insurance plan. As Phillip Journey, NRA Board Member, told the outlet, “I mean, if Lloyd’s won’t insure you, who the hell will?”
Well, here’s another way to look at it: What does Lloyd’s of London consider less risky than the leadership of Wayne LaPierre, Carolyn Meadows, Charles Cotton, and Willes Lee based on the fact that they will offer policies to these alternative risks?
Pele, the Volcano Goddess of Hawaiian mythical culture.
That’s right, Lloyd’s was willing to sell insurance to the residents of Leilani Estates who lived on top of an active volcano with a habit of making the earth open up and spew red hot lava at people and property. The decisions by the current NRA leadership are more risky than your front lawn turning into the fire above every few decades.
Intelsat 1 – A 1965 Satellite
The work to even get something ready to launch in 1965 was a massive risk. Not that it’s risk free today, but there are decidedly fewer exploding videos of space-related matter these days compared to those years. Yet Lloyd’s thought, yes, this is a risk we will insure! The current NRA leadership? Nope, too risky!
But to NRA, this is all just fine. They’ve just set aside just $5 million to cover all 76 directors. That doesn’t seem like nearly enough to me, but that’s just my opinion. People willing to speak off of the record to The Reload admit there isn’t much hope in finding coverage so this is likely the only solution moving forward.