{"id":1994420,"date":"2023-08-08T14:57:02","date_gmt":"2023-08-08T18:57:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/oberlin-college-sues-insurance-companies-after-they-refuse-to-cover-36m-payment-to-falsely-accused-bakery\/"},"modified":"2023-08-08T15:00:49","modified_gmt":"2023-08-08T19:00:49","slug":"oberlin-college-sues-insurance-companies-after-they-refuse-to-cover-36m-payment-to-falsely-accused-bakery","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/oberlin-college-sues-insurance-companies-after-they-refuse-to-cover-36m-payment-to-falsely-accused-bakery\/","title":{"rendered":"Oberlin College sues insurers for denying $36M payment to bakery wrongly accused."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Foberlin-college-sues-insurance-companies-after-they-refuse-to-cover-36m-payment-to-falsely-accused-bakery%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1994420&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Oberlin College Sues Insurers for Refusing to Cover $36 Million Damages\u2064 Owed to Gibson&#8217;s Bakery<\/h2>\n<blockquote>\n<p>Oberlin College finds itself in\u2064 a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/twitter-seeks-to-subpoena-sen-warren-after-she-called-sec-to-investigate-elon-musk-tesla\/\" title=\"Twitter wants to subpoena Sen. Warren over her request for SEC to probe Elon Musk and Tesla.\">legal \u2064battle<\/a> with\u2063 four insurers who have refused to pay the $36 million in\u200d damages owed to Gibson&#8217;s Bakery, \u200bthe victims of false accusations of racism. The college initially downplayed\u2063 the significance\u200d of the verdict, claiming it would not impact their academic and student experience. However, the insurers have \u2064now denied\u2064 the college \u200cthe millions\u200c it has already paid to the Gibson family, leading to \u200ca lawsuit filed\u200c by Oberlin College in April.<\/p>\n<\/blockquote>\n<h3>Insurers \u200cDeny Coverage<\/h3>\n<p>According to Legal Insurrection,\u2062 Oberlin College is suing Lexington Insurance Company, United \u200cEducators \u2062Insurance, Mount Hawley Insurance Company, and StarStone \u200dSpecialty Insurance \u200dCompany. The college\u200b alleges that these <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-releases-list-of-president-trumps-accomplishments-and-it-is-historic\/\" title=\"White House Releases List of President Trump\u2019s Accomplishments \u2013  And It Is Historic!\">insurance companies<\/a> wrongfully refused to honor their promises to protect Oberlin College&#8217;s interests and its\u200b former vice president\u2064 and \u200ddean of students, Meredith Raimondo, who played a leading role in the \u2062false accusations against Gibson&#8217;s Bakery.<\/p>\n<p>The college hopes that the \u200dcourt \u200cwill compel the \u200dinsurers \u2062to \u200creimburse the $36 million already paid to the Gibsons. While \u2064one insurance company provided $1 million, Oberlin argues in the lawsuit that it incurred millions of dollars in defense costs pursuing\u2062 appeals, which the insurers encouraged to potentially reduce the damages. The exact \u200bamount spent on legal fees throughout the lawsuit, trial, and appeals process remains unclear.<\/p>\n<h3>Failed\u200d Coverage Obligations<\/h3>\n<p>Oberlin College had commercial umbrella liability coverage of $25\u200b million from Lexington, a $10 million policy from Mount Hawley, a $5 million policy from StarStone, and\u200b $25 million in \u2064<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/oberlin-college-sues-insurance-companies-after-they-refuse-to-cover-36m-payment-to-falsely-accused-bakery\/\" title=\"Oberlin College sues insurers for denying M payment to bakery wrongly accused.\">overlapping educators&#8217; legal liability coverage<\/a> from United \u2063Educators. However, the insurers have failed to\u2063 pay \u200ca single penny \u200btowards the $36,590,572.48 sum paid by Oberlin to the Gibson\u200b plaintiffs. \u2064The college claims that Lexington and United Educators engaged in a systematic effort to avoid their coverage obligations by shifting \u200cresponsibility to \u200beach other and other insurance companies, as well as to the \u2062college \u200bitself.<\/p>\n<p>Had the insurers taken the \u2063opportunity\u2063 to resolve the litigation before trial, Oberlin asserts that the case could have been \u200bsettled\u2063 for less than $10 million.<\/p>\n<h3>The Gibson&#8217;s Bakery Incident<\/h3>\n<p>The legal battle stems from an incident where several non-white Oberlin students attempted to steal alcohol\u2062 from\u2064 Gibson&#8217;s Bakery,\u200c a\u200b beloved local establishment. When a member \u2063of the Gibson family working\u2063 at the bakery confronted the students, they\u200c attacked him. The students were subsequently arrested,\u200b pleaded guilty, and admitted that race\u200d had no role in the \u200dincident.<\/p>\n<p>Despite this, other students\u2063 and faculty accused the bakery of racism and staged protests\u2064 outside. Oberlin officials fully \u200bendorsed and supported the protestors&#8217; \u2063false narrative. Some \u2062demonstrators even entered the bakery, harassed customers, and vandalized property. Behind the scenes, Oberlin administrators disparaged\u200b the\u2062 bakery and anyone who defended it.<\/p>\n<p>In the\u2064 end, the jury sided with Gibson&#8217;s Bakery\u200d and awarded $44 million\u2063 in damages, which was later \u200dreduced to $36 million\u2062 due to \u200bstate limits.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oberlin College is suing four insurers for refusing to cover the $36 million in damages owed to Gibson&#8217;s Bakery. The college falsely accused the bakery of racism, but when ordered to pay, claimed the damages were insignificant.<\/p>\n","protected":false},"author":126,"featured_media":1994421,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-1994420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1994420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/126"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1994420"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1994420\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1994421"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1994420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1994420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1994420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}