Our View: They who write the laws often are beneficiaries
There's no argument that businesses selling alcohol need a healthy liability insurance policy. However, there is sound argument to be made for how ridiculously high their premiums are and how disproportionately the liability is or can be spread among businesses when someone has patronized more than one and winds up in a wreck that results in serious injury or death.
Let's say someone stops at Joe's bar and has a beer. He then goes to Bill's bar and has two beers. Bill has not seen any evidence the customer is inebriated and has no idea the customer already had a beer at Joe's. The customer leaves Bill's bar and heads over to Al's bar where he sits for several hours and tosses down multiple drinks, maybe even mixing things up a bit with beer and whisky. He leaves, Al's and drives head-on into another car, killing that car's driver. Under current law, Joe and Bill can be held equally liable as Al. Fair? Not at all.
State Sen.
Where this legislation goes remains to be seen, but Gambrell, in discussing the bill, brought up a key point that speaks to legislation's yin and yang in general.
In trying to fix the current law's lopsided effect with new legislation, Gambrell said, "I'll be honest, it'll be an uphill battle because most of the Legislature is attorneys."
They who write and pass the laws are all too often the very ones who benefit the most from those laws. Yet, we keep sending attorneys to Columbia — and
As the saying goes, it doesn't take a rocket scientist to see how it works. They can fill bills with lawyer-speak that the average person can barely, if at all, interpret and hang their shingles out for business that the laws create. They know the ins of the laws and, just as important, they know the outs.
It reminds us of another popular saying about foxes guarding the hen houses.



AM Best Revises Issuer Credit Rating Outlook to Stable for Lancashire Holdings Limited and Its Subsidiaries; Affirms Credit Ratings
Accenture and Google Cloud Launch Joint Generative AI Center of Excellence to Help Enterprises Harness the Value of Generative AI
Advisor News
- Guaranteed income streams help preserve assets later in retirement
- Economic pressures make boomerang living the new normal
- Pay or Die: The scare tactics behind LA County’s Measure ER tax increase
- How to listen to what your client isn’t saying
- Strong underwriting: what it means for insurers and advisors
More Advisor NewsAnnuity News
- Guaranteed income streams help preserve assets later in retirement
- MassMutual turns 175, Marking Generations of Delivering on its Commitments
- ALIRT Insurance Research: U.S. Life Insurance Industry In Transition
- My Annuity Store Launches a Free AI Annuity Research Assistant Trained on 146 Carrier Brochures and Live Annuity Rates
- Ameritas settles with Navy vet in lawsuit over disputed annuity sale
More Annuity NewsHealth/Employee Benefits News
- New cap on split costs for patients
- Researchers from University of South Carolina Provide Details of New Studies and Findings in the Area of Opioids (Trends in Medicaid managed care benefits for opioid use disorder treatment, 2015-2019): Opioids
- State lawmakers push bill to stop insurance termination based on genetic tests
- CMS rule cracks down on ACA fraud and strengthens state control
- HHS Centers for Medicare & Medicaid Services Issues Notice for Medicare and Medicaid Programs; Quarterly Listing of Program Issuances-January Through March 2026
More Health/Employee Benefits NewsLife Insurance News
- Best’s Market Segment Report: AM Best Revises Outlook on France’s Non-Life Insurance Segment to Stable from Negative, Reflecting Top-line Growth, Technical Profitability
- Pacific Life Launches New Flagship Variable Universal Life Insurance Product
- NAIFA launches “NAIFA Cares” initiative to help build long-term financial security for children
- The fiduciary standard for life insurance is here
- GenAI: Moving to the forefront of claims management
More Life Insurance News