TITLE

Bond insurers tracking issuers, exposure as 2000 nears

AUTHOR(S)
Whalen, Robert
PUB. DATE
January 1999
SOURCE
Bond Buyer;01/13/99, Vol. 327 Issue 30557, p30
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that bond insurers in the United States are tracking issuers in preparation for any potential disruption that may stem out from the year 2000 date conversion problems of computer systems (Y2K). Efforts of municipal bond issuers in ensuring that their computer systems will not interfere with timely debt service payments; Overview on the impact of the Y2K on the business operations of bond insurers.
ACCESSION #
1457839

 

Related Articles

  • BMA Muni Group Forms Y2K Panel. Hume, Lynn // Securities Industry News;05/03/99, Vol. 11 Issue 18, p8 

    Reports that the Bond Market Association's municipal bond division is forming a committee to address the year 2000 computing problem.

  • Issuers' payments covered, but not trustees', insurers say. Cintron, Ivan // Bond Buyer;02/24/99, Vol. 327 Issue 30585, p28 

    Reports on the absence of adequate protections for investors who may encounter year 2000 (Y2K) glitches with a bond issue's paying agent or trustee. Bond insurance companies that are working to ensure that trustees and issuers are Y2K-compliant; Potential embarrassment of trustees being unable...

  • Chicago says it will keep investors up to date on year 2000 compliance. Shields, Yvette // Bond Buyer;07/28/98, Vol. 325 Issue 30444, p7 

    Reports on Chicago officials' efforts to provide investors with information on how the city is addressing the year 2000 problem via the preliminary and official statements for all of the city's upcoming bond sales. Overhaul of citywide systems that handle work and purchasing orders, inventory...

  • Recovering Y2K remediation costs from your insurer. Draughon, Richard Scott // Information Executive;Nov/Dec99, Vol. 3 Issue 11/12, p5 

    Discusses the lawsuit filed by GTE Corp. to recover year 2000 (Y2K)-related remediation costs from its insurers. Origins of the `sue and labor' provision in the GTE insurance policies; Insurance industry's arguments against the paying the costs; Includes of lack of imminence of the Y2K disaster.

  • Y2K risks on several fronts. Souter, Gavin // Business Insurance;08/10/98, Vol. 32 Issue 32, p2 

    Reports on how insurance companies will be affected by the Year 2000 related computer glitches. Reference to claims sought in insurance coverage; Findings of a report from Conning and Co., a consultant firm based in Hartford, Connecticut; Citing of problems from third party links; How insurers...

  • Majority of big insurers Y2K-ready: NAIC.  // Business Insurance;09/27/99, Vol. 33 Issue 39, p38 

    Reports on the assessment of the year 2000-compliance of insurance companies in the United States, by the National Association of Insurance Commissioners' Y2K Industry Preparedness Task Force.

  • Assault on Y2K bug takes many forms. Lenckus, Dave // Business Insurance;12/20/99, Vol. 33 Issue 51, p14 

    Looks at how risk managers, insurance industry executives and lawmakers confronted the year 2000 (Y2K) bug threat in 1999. Estimated spendings on Y2K remediation effort; Companies that filed claims against their property insurers under the sue-and-labor clauses of their policies; Successful...

  • Many Y2K claims still unresolved. Wojcik, Joanne // Business Insurance;01/15/2001, Vol. 35 Issue 3, p1 

    Focuses on the slow progress of resolving year 2000 computer date problem claims in the United States according to studies of insurance companies in the country. Problems in settling policy disputes; Factors affecting the faster processing of year 2000 claims.

  • Will your agency survive the year 2000 crisis? Anderson, Steve // Forum (10566937);Aug97, Issue 183, p14 

    Questions whether independent insurance agencies would be able to survive the year 2000 crisis. Predictions on the problems which would occur in the year 2000; Details on the year 2000 computer problem; How this crisis would affect business; How agency management vendors can assist insurance...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

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

Try another library?
Sign out of this library

Other Topics