According to his blog, Mike?™ McGavick held a public event in Puyallup on September 7, in which “the questions ranged from where Mike got his car insurance to far more important topics like Iraq and Social Security,” and according to a source in attendance that evening, McGavick’s answer to that first question was curiously, not Safeco.
Why didn’t Safeco CEO McGavick insure his own car with Safeco? Well, McGavick reportedly explained that he wanted to avoid a “conflict of interest” — that he didn’t want to potentially put an employee in the situation of handling a claim filed by the guy who signs his paychecks.
And I suppose that’s a plausible answer. But…
Current Safeco CEO Paula Reynolds insures her car with Safeco. And so does McGavick’s predecessor, former Safeco CEO Roger Eigsti. They didn’t seem to think it was a conflict of interest to purchase insurance from one’s own company.
But there is another plausible explanation, which I’m sure has already occurred to many of you. See, if McGavick were to have applied for auto insurance from Safeco he would have been asked if he ever had a DUI. And if he had said no, a routine check of his records might have discovered it anyway. That’s not exactly the kind of information a new CEO wants whispered around the company water cooler.
Forgive me for being so cynical, but considering McGavick’s habit of spinning morality tales out of fictionalized anecdotes from his private life, I just can’t help myself.