❓ The Question Nobody Answers
We asked a straightforward question:
How is a former director, who wasn’t even sitting on the board at the time, suddenly covered by the corporation’s insurance in a private defamation lawsuit?
Silence. Dodging. Excuses. Not a single clear answer.
🧾 If There Was Nothing to Hide…
If this coverage was truly legitimate, wouldn’t the board rush to show us the policy clause?
Wouldn’t they want to reassure owners that everything was proper and transparent?
Instead, the only thing louder than the lawsuit is their silence.
💰 Insurance ≠ Piggybank
Insurance coverage isn’t a slush fund. It exists to protect directors acting in their role for the corporation, not someone long gone from the board table.
And here’s the kicker:
- Even if insurance responds, the corporation – meaning the owners – may be stuck paying the deductible.
- And every claim puts us at risk of higher premiums in the future.
So not only could we be paying today, but we could be paying more every year going forward – all because the board decided to protect a former director in a private lawsuit.
📌 The Questions They Avoid
The community deserves to know:
- 🖊️ Who authorized this coverage?
- 📜 Under what policy provision?
- 💸 How much of the deductible are we being forced to pay?
- 📈 How much will this increase our premiums in future years?
🔎 Silence Speaks Louder
The refusal to explain speaks louder than any answer.
When transparency is avoided, it’s usually because the truth is worse than the question.
