Umbrella Insurance Policies.
With the news about Jeffrey K. Skilling's sentencing regarding Enron, it brought up an interesting discussion between me and Delia Fernandez. Delia posts often under Financial Advisories by Delia on this blog. She's terrific, by the way.
We started talking about umbrella liability insurance policies and whether I knew that those policies paid for the legal defense of OJ Simpson and President Clinton. I've posted about umbrella insurance policies before. Read them here and here. I hate to use this word, but "clearly" these policies are a bargain.
Here are two links for interesting reading about umbrella liability insurance policies: Businessweek and Court TV.
As Delia says, "what a hoot of a topic!"
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