PPRuNe Forums - View Single Post - Who is casa's Insurer???
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Old 22nd Feb 2012, 22:14
  #16 (permalink)  
peterc005
 
Join Date: Jul 2010
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Personally, my limited dealings with CASA have been positive. I look forward to my Flight Safety magazines in the mail too.

It is too easy on the internet for anonymous and disgruntled people to whine.

I can't recall CASA being sued in the past, but I could be wrong.

Can someone enlighten me about major pieces in litigation CASA has been involved with?

Gambling, Insurance and Options are all based on the Law of Probability. The insurance company is like a bookie, taking a margin on the probability. If you are big enough to wear the risk, it makes sense mathematically to self-insure and avoid paying the margin.
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