Railjunkie wrote: ↑Mon Nov 04, 2024 11:34 pm
David Benton wrote: ↑Mon Nov 04, 2024 11:21 pm
It's all about liability, and many companies here have continued the covid restrictions to stop anyone except employees accessing anywhere on the property that is not public.
Yes, like I said don't fix the problem. Just keep us out of the offices of Dewy Cheatem and Howe. As an employee you screw up its your fault not the companies. You are trespassing and get hurt, you didn't belong there in the first place. At least that's how I was raised.
Unfortunately the liability thing went from costly to astronomical. We were taught at one time that insurance was a safety net, shared risk. We all put money in, and they guy that gets hurt takes it out to be made whole again. That's not the case anymore.
Today's insurance company is basically a non-bank loan firm. You get hurt? They might pay out, but the premiums are going to go up so much that essentialy you are going to repay that claim over 3-5 years with interest, and because it's not a bank and they don't call it interest, there are no usury laws (which prevent high interest rates).
For example: I want a car loan for $30k, the bank gives it to me at 9pct or somethign based on my credit and income. The gov't says they can't go over Xpct because that's bad for the community, so they just deny the loan if they can't make the interest rate work. I keep riding the bus until I save enough or fix my credit to buy that car.
But if I smash my hand and it costs $30k medical bills, the company's insurance premiums will essentially reflect a 20pct interest rate because the insurance company is not a bank, and they don't call it interest, they just build it into the premium. Also if I sue the company, they are now on the hook for a lot more than $30k. That happens a lot these days. I get involved in cases like this and it is very common for a big company to settle out of court for $300-500k because the legal fees might be $1m.
And thats why we have the idiotic forkift/golf cart "learn to drive in 20 minutes" video and quiz, to prove you were adequatly trained.
Amtrak is proud to announce a new train to Florida that doesn't stink: The Floaterian. An all-star just like Babe Ruth.