Slashdot Mirror

← Back to Stories (view on slashdot.org)

Open-Source Insurance

Posted by ScuttleMonkey on from the scheming-and-racketeering dept.

* * Beatles-Beatles writes to tell us that several insurance agencies have formed a partnership to offer open-source compliance insurance. From the article: " The insurance will cover up to $10 million in damages, including profit losses related to noncompliance with an open-source software license. The policy could, in some cases, cover the cost of repairing code that was found to infringe on open-source licenses such as the General Public License, which is used with the Linux operating system."

1 of 110 comments (clear)

  1. Then and now by Flyboy+Connor · · Score: 5, Interesting
    Then: Big company thinks of stealing open source code for their products, but refrain because they are afraid of legal consequences.

    Intermediate: Insurance company knows that no open source developer has the money to sue, even if they would be able to discover that their code had been stolen.

    Now: Big company tajes insurance and starts stealing open source code, because they feel there is no legal risk anymore.

    In the end: Open source developers get screwed once again and the only people getting rich over it are the lawyers. Nothing new here.