So, if the Maui Channel accident is the only open-water claim and there are at least 2 other claims against USMS that have nothing to do with open-water events, why are open-water events carrying the burden of the premium increase? Or is there also an increase in cost for pool event sanctions/insurance? Or is there an increase in membership dues for 2013?
OW events represent by far, the most liability exposure to USMS, despite the comparatively tiny number of splashes. For 35 years, they have gotten a pass on representative premiums. Not any longer. The "pool" insurance has more than doubled as well.
So, if the Maui Channel accident is the only open-water claim and there are at least 2 other claims against USMS that have nothing to do with open-water events, why are open-water events carrying the burden of the premium increase? Or is there also an increase in cost for pool event sanctions/insurance? Or is there an increase in membership dues for 2013?
OW events represent by far, the most liability exposure to USMS, despite the comparatively tiny number of splashes. For 35 years, they have gotten a pass on representative premiums. Not any longer. The "pool" insurance has more than doubled as well.
