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	The Parasail Safety Council Responds to Angry Parasail Operators Over Insurance Issues.

	November 14, 2003
	PSC Newswire - Orlando, Florida
	by Mark McCulloh -PSC Chairman

	The Blame Game Continues..

	Recent Emails... : Email 1 "What concerns me with all this information about Insurance is that future prices will be based on availability not affordability, is that fair?" PSC Response: Keep in mind that insurance companies are in the risk business, they don’t really care about the dysfunctional World of Para-Sailing and will leverage anything to justify a premium increase. Email 2 " I am very upset when safe operators like me are being put in the same fish bowl with unsafe operators who take unnecessary chances and don't give a s_ _ t about the consequences, like the future price of insurance!" PSC Response: Forget about blaming others for the rising insurance rates, they are just a small component of a very complex formula of the risk vs. reward equation and the legal consequences after an accident occurs that can effect the future price of insurance. Email 3 "Most captains involved in accidents are flying too high to compete with the others, using old chutes that are faded, mangled tow lines that look like hell and don’t follow any sort of guidelines or your proposed rules, how about focusing on those guys paying higher premiums or the government setting some standards !" PSC Response: Unfortunately, at this late date not even an organized Operators Association or Government intervention will be enough, it all sounds nice but commercial parasailing has a history of being a runaway train with no one behind the wheel that finally collided with the Insurance brick wall. The PSC Strategy to Stabilize the Insurance Market.. A key component of the insurance demise and expected rate increases is not limited solely to the number of claims made and/or client base, but rather the historical value placed on past verdicts, settlements, expected losses and expert’s support of Plaintiffs Attorneys theory on causation. Simply put, if a panel of experts tells the Plaintiffs Attorneys there is no case, the Plaintiffs Attorney will try to settle out of court. On the other hand, if that same panel of experts tells the Plaintiffs Attorney you have a winner, the Plaintiffs Attorneys will always go for the juggler. Unlike any other commercial business enterprises around the World where there is an abundance of experts to support the Plaintiffs and/or Defendants side of a case, Parasailing is a niche market supported only by a handful of qualified experts and the key strategy behind the PSC proposal to Underwriters by offering them an Expert Witness Team exclusively for the Insured thus giving their Defense Attorneys a tactical advantage over the Plaintiffs and leveling-the-playing-field with the hope to stabilize the future insurance market for Parasailing. If you would like to support a low-cost insurance program, we invite you to fill out and Insurance Application. > Click here for more details!.