The entire point of this issue is that AOL chose to self-insure. That means ther... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		lutusp on Feb 9, 2014 \| parent \| context \| favorite \| on: That “distressed baby" Tim Armstrong blamed for be... The entire point of this issue is that AOL chose to self-insure. That means there was no insurance company.

ars on Feb 9, 2014 [–]

They should have gotten secondary catastrophic insurance. I.e. only for claims over some dollar amount, which are very rare and very cheap to insure for.

Consider applying for YC's Summer 2026 batch! Applications are open till May 4
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact