thør
Karhu-er
- Joined
- May 29, 2002
- Posts
- 92,447
Helluva coincidence— do we have an example of what the property & casualty insurance underwriters call "moral hazard?"
Wouldn't it be worth more if it was still open and it burned?
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Helluva coincidence— do we have an example of what the property & casualty insurance underwriters call "moral hazard?"
Wouldn't it be worth more if it was still open and it burned?
You never know; there might be a mortgagor who's a little short of funds— or an unhappy newly unemployed former employee.
The FD will likely be aware of (or be made aware of) the somewhat suspicious timing.
https://scontent-sea1-1.xx.fbcdn.net/v/t1.0-9/49193151_10216380035067744_6475079853497384960_n.jpg?_nc_cat=105&_nc_ht=scontent-sea1-1.xx&oh=0492fa4ae83d8a83641ea91d0ddb9932&oe=5CC8687A
The place just closed up, and now, it burns down.
Is that a bar/restaurant? Did it close for the winter or for good?
100 degree difference between where you are and where I am. (I'm not at -134)