1. In small groups of 4-6 students, divide the group in half with half of the...

 

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1. In small groups of 4-6 students, divide the group in half with half of the group representing The Haunted Witch Trials and the other half representing the liability insurance carrier for The Haunted Witch Trials. As the insurance carrier, you are trying to determine whether to continue to provide insurance coverage for the attraction at the end of its current policy year based on the risk of potential litigation against the attraction. Evaluate (1) the elements of any potential claim against The Haunted Witch Trials by Dmitry and Misha, (2) whether The Haunted Witch Trials may be liable for negligence (causing a greater financial risk to your insurance company), and (3) what are the potential damages that might be awarded (if any) in this case. As The Haunted Witch Trials, you want to ensure that you can maintain coverage at a reasonable premium or else your entire operation will be shut down. Which of your business choices (involving the set up and operation of the attraction) do you think will be sufficient to defend against any liability claim and what changes should you consider making to improve your liability protection? 1. In small groups of 4-6 students, divide the group in half with half of the group representing The Haunted Witch Trials and the other half representing the liability insurance carrier for The Haunted Witch Trials. As the insurance carrier, you are trying to determine whether to continue to provide insurance coverage for the attraction at the end of its current policy year based on the risk of potential litigation against the attraction. Evaluate (1) the elements of any potential claim against The Haunted Witch Trials by Dmitry and Misha, (2) whether The Haunted Witch Trials may be liable for negligence (causing a greater financial risk to your insurance company), and (3) what are the potential damages that might be awarded (if any) in this case. As The Haunted Witch Trials, you want to ensure that you can maintain coverage at a reasonable premium or else your entire operation will be shut down. Which of your business choices (involving the set up and operation of the attraction) do you think will be sufficient to defend against any liability claim and what changes should you consider making to improve your liability protection?

Answer rating: 100% (QA)

As the liability insurance carrier for The Haunted Witch Trials I will evaluate the potential claim against the attraction and assess whether they may be liable for negligence Additionally I will cons... View the full answer