Lloyds of London to Offer Open Source Insurance

Posted by CmdrTaco on Sunday August 14, 2005 @09:18AM from the stuff-to-read dept.

darkworm writes "Lloyds of London, the world's oldest insurance house, is to offer indemnification for IP litigation worldwide according to the Channel Register: 'Lloyd's of London is close to offering independent insurance protection worldwide against potential IP litigation involving Linux and open source software. The financial services giant has agreed to take on the risk associated with open source, and is finalizing arrangements to work through Open Source Risk Management (OSRM) who will become Lloyd's sole U.S. representative.'"

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But when can we get tiger-attack insurance? by mcc · 2005-08-14 09:28 · Score: 4, Funny

For whatever reason, this is all I can think of right now.
Lisa: By your logic, this rock keeps tigers away.
Homer: Oh? How does it work?
Lisa: It doesn't work.
Homer: Uh-huh.
Lisa: It's just a stupid rock.
Homer: Uh-huh.
Lisa: But I don't see any tigers around here, do you?
[pause]
Homer: Lisa, I want to buy your rock.

--
Irritable, left-wing and possibly humorous bumper stickers and t-shirts
Woohoo! by Norfair · 2005-08-14 09:28 · Score: 3, Funny

Free Open-Source insurance! Er, wait, that was free as in beer, right?