The Rock Insurance Co. Delists 8 Dragons Banks
Submitted by Nobody Fugazi on Thu, 10/25/2007 - 04:17.8 Dragons Bank, which has had no history of problems that is known of, has been delisted from The Rock Insurance Co.
The reason given is understandable; The Rock Insurance Co. seems to have been unable to get information on 8 Dragons Bank for a long period of time. While this in no way a reflection of anything untoward happening with this particular bank, it is a demonstration of risk management.
It does seem that the prevailing culture of Second Life business is beginning to become more tied to the concepts of transparency... but whether that will be enough is still debatable.
I'm glad I don't run an insurance company.
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