Clemens finally settles with McNamee

[ifmanis5]

The 7 year legal feud is over, settlement reached tonight and no trial.
 
LINK: http://www.nydailynews.com/sports/i-team/brian-mcnamee-defamation-suit-roger-clemens-settled-article-1.2154565
 

Lawyers for Clemens and McNamee hammered out an agreement in U.S. District Court for the Eastern District in Brooklyn Wednesday night, and while Clemens' attorney said his client "didn't contribute" to the settlement, it is believed the former pitcher's insurers pressed for a settlement rather than face more financial exposure had the case gone to trial as scheduled in October.

 

 

[glennhoffmania]

Clemens was insured for defamation suits?  Is that a real thing?

 

[ifmanis5]

Clemens was insured for defamation suits?  Is that a real thing?

Yeah seriously. Isn't that carte blanche to act like a douche to everyone? If they sue, just comes out of the insurance stipend.

 

[Average Reds]

Clemens was insured for defamation suits?  Is that a real thing?

Bill Clinton rather famously settled a case brought by Paula Jones for sexual harassment and his umbrella insurance policy paid for it.

So long as they have even a small amount of self-awareness, prominent people engaged in reckless behavior can be surprisingly well-insured.

 

[StatGeekNY]

Yeah umbrella or personal excess liability policies have a broader coverage definition than the liability portion of your regular homeowners policy. Mine doesn't mention defamation specifically but it does say slander and libel are covered including defense costs.

 

[MentalDisabldLst]

Umbrella policies will cover "Personal Injuries" (i.e. slander/libel/defamation, advertising injuries, invasion of privacy or even stuff like false imprisonment) by default.  You can also get an endorsement to get your homeowners' policy to cover them; a "personal injury coverage" endorsement exists in every state I've looked at (though it won't cover claims arising out of business pursuits).  And it doesn't cost much, unless you're a public figure or other exceptional categories.  Frankly, with some of the shit we say on here, some of us probably ought to carry one.

 

[strek1]

Why EVER settle with the guy if he was full of BS like Clemens and his Legal team said? Well, we know why of course.