Jared Fogle: A Lesson In Reputational Risk

Allegations that former Subway spokesman Jared Fogle allegedly paid for sex with a minor have underlined the importance of insurance coverage for one of the commercial world’s most dynamic and insidious risks. The FBI subpoenaed court documents over the weekend in which Fogle told a Subway franchisee via text that he had paid for sex with a 16-year-old girl who advertised herself on Craigslist. The messages date back to 2008, when Fogle allegedly asked the franchisee — with whom he was engaged in a relationship — to advertise herself on Craigslist.