The University of Louisville carries $35 million in liability insurance in the event of a “wrongful act.” The bad news is it may not decrease the danger of Rick Pitino’s lawsuit. Retired Eastern Kentucky University professor Peter Kensicki, who has authored eight books on insurance, said the university's primary policy does not allow the school to recoup Pitino’s salary should the former basketball coach win the breach-of-contract suit arising from his October “just cause” firing. Since that could mean more than $35 million in obligations that cannot be offset by insurance claims — the balance of a contract that does not expire until 2026 — the university must have overwhelming confidence in its case if it is to justify the risks of litigation. Anything short of a slam-dunk, sure-thing verdict probably calls for a negotiated settlement. “If it’s the way Pitino says, then I think it’s going to cost the university a lot of money,” Kensicki said. “If he knew or should have known (about NCAA infractions), then if he was fired for cause, he probably gets nothing. “... If the facts turn out that he was innocent as a newborn lamb, (the insurance companies) are not going to pay.” The university’s current liability coverage is contained in two policies for the fiscal year beginning July 1, 2017. A United Educators Insurance policy carries limits of $25 million for both an individual claim and an annual aggregate. A supplemental policy with National Union Fire Insurance of Pittsburgh carries a $10 million limit.