TITLE

Insurance cos. seek exclusions for Y2K bug

AUTHOR(S)
Bonura, Chris
PUB. DATE
September 1998
SOURCE
New Orleans CityBusiness (1994 to 2008);09/07/98, Vol. 19 Issue 10, p4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports that the insurance industry in the United States is seeking for exclusions of claims related to the Year 2000 date conversion (Y2K) problem. Preparation of New Orleans, Louisiana, businesses to solve difficulties associated with the Y2K problem.
ACCESSION #
1104139

 

Related Articles

  • Y2K not just internal issue.  // Business Insurance;01/26/98, Vol. 32 Issue 4, p8 

    Opinion. Comments on the insurance industry's preparation for the year 2000, emphasizing the fears associated with the year 2000 computer problem. Reference to statements made by property casualty insurance executives at a Joint Industry Forum in New York; Efforts by insurance regulators to...

  • Worried about year 2000? Don't call us, insurers say. Wilkinson, Kaija // New Orleans CityBusiness (1994 to 2008);11/02/98, Vol. 19 Issue 18, p29 

    Reports that the insurance industry does not intend to provide coverage for Year 2000-related problems in the United States. Industry's basis for its position; Legal problems faced by the industry if it does not change its position.

  • Y2K coverage debate could rival A&E. Sclafane, Susanne // National Underwriter / Property & Casualty Risk & Benefits Manag;01/26/98, Vol. 102 Issue 4, p2 

    Focuses on the impact of the year 2000 computer problems on the insurance industry in the United States. Problems the insurance industry will experience; Indepth look at the policy language; Definition of tangible property; Comments from senior vice president for Zurich Re Incorporated, Emily...

  • Education, planning key to Y2K problem. Gjertsen, Lee Ann // National Underwriter / Property & Casualty Risk & Benefits Manag;07/13/98, Vol. 102 Issue 28, p17 

    Explores the solutions to the Year 2000 computing (Y2K) problem for the insurance industry in the United States. Scope of the Y2K problem; Assessment of total loss exposure; Assessment of the need for exclusions; Costs of litigation arising from the Y2K problem; Description of the aggregate...

  • No Y2K safety net. Zerega, Blaise // InfoWorld;08/10/98, Vol. 20 Issue 32, p1 

    Reports on the regulatory moves by 47 American states allowing insurers to exclude loss and damage claims caused by year-2000 problems from business insurance policies. Importance of the exclusion to insurance companies; Provisions of the exclusion language.

  • It's a new ball game and the pitches are all fast-breaking curves. Carbajal, Michael // Insurance Advocate;01/30/99, Vol. 110 Issue 5, p14 

    Discusses insurance industry changes that could affect the way producers carry on business in the United States, and comments on the subject of year 2000 bug (Y2K) insurance. Mergers and acquisitions; Challenge from newcomers; Example provided in the case of Travelers.

  • 2000: The year of the lawsuit. Gjertsen, Lee Ann // National Underwriter / Life & Health Financial Services;8/11/97, Vol. 101 Issue 32, p11 

    Comments on the fear of litigation against the insurance industry in the United States as a result of problems caused by the year 2000 computer crisis. How the year 2000 problem may effect insurance policies; Information on ways companies may be protected from such lawsuits.

  • Year 2000 litigation awaits insurers.  // Best's Review / Property-Casualty Insurance Edition;May98, Vol. 99 Issue 1, p94 

    Offers advice for insurers in the United States to prepare for legal challenges concerning the Year 2000 computer crisis. Warning from attorney Mitchell L. Lathrop that Year 2000 crisis can impact vast operations; Scope of coverage facing potential impact.

  • Benefit managers must face year 2000 now. Kazel, Robert // Business Insurance;03/02/98, Vol. 32 Issue 9, p3 

    Looks at how the year 2000 computing crisis could affect benefit managers in the United States. Examples of the problems that could occur; How computers and other electronic devices will be affected; Explanations of what the year 2000 computing problem is; Obstacles that complicate preparation...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics