Not sure that's a hockey ops decision completely. Nonetheless that's like 5 people's bad decision.
I'm not going to get into a big discussion about it, but, again, the Horton situation is very easy to judge - but there were a lot of factors involved. Decisions don't have to be 'bad' to not work out. Sometimes very sound decisions don't have the desired outcome. It's easy and apparently a lot of fun to criticize the Horton situation from afar with a limited amount of information, but I can't help but wonder how much differently people would feel if they either considered the complex situation a little more carefully.
Ultimately, the whole thing was unfortunate, of course. There's no denying that. The idea though, that the CBJ management, lawyers and so forth are all morons is difficult for me to grasp. Insurance of any kind is about risk and educated guesses. There are also limitations placed by the insurance process.
Did someone make the 'wrong' decision? In hindsight, I guess - but given the same information, odds and probabilities, it's doubtful to me that they'd do anything differently given the facts and restrictions they had to consider.