Get covered to ensure the 2000 bug doesn't bite

January 1999
Cabinet Maker;01/22/99, Issue 5122, p7
Trade Publication
Outlines ways to reduce risk exposure of British companies from the year 2000 computer problem. Inclusion of the problem in insurance policies; Response of insurers on the problem; Determination of insured companies' compliance; Questionnaire about the problem which can be given by insurers to assess companies. INSET: Year 2000 action plan.


Related Articles

  • Present policies cover Y2K. Lenckus, Dave // Business Insurance;04/26/99, Vol. 33 Issue 17, p31 

    Focuses on whether existing corporate insurance programs in the United States cover losses related to the year 2000 (Y2K) date conversion problem in computer systems. Insurance industry efforts to fight covering Y2K-related losses; Types of insurance that offer Y2K coverage; Need for risk...

  • Foreseeable events. Morphy, Erika // Export Today;Dec98, Vol. 14 Issue 12, p30 

    Emphasizes the need for businesses to understand their insurance carriers' views of Year 2000 damages. Reasons why the Year 2000 computing crisis is not insurable; Failure of overseas bank to prepare for the computer crisis; Cost of fixing the computer problem; Uncertainty on how courts and...

  • What the carriers say. E.M. // Export Today;Dec98, Vol. 14 Issue 12, p32 

    Highlights the general positions of some of the largest insurance companies in the United States on the issue concerning the Year 2000 computing crisis. AIG's plan to use exclusions; Cigna's plan to add exclusions to insureds' policies if they refuse to fill out Year 2000 questionnaires;...

  • Insurance generally won't cover losses due to Y2K.  // Enterprise/Salt Lake City;07/20/98, Vol. 28 Issue 4, Focus p3 

    Offers advice for companies on managing insurance risks brought about by efforts to address the Year 2000 date conversion problem. Need to prepare a comprehensive inventory of hardware, software and all computerized data used in the business; Identifying all Year 2000 problems; Conducting an...

  • Insurance might not cover year-2000 claims. Mindell, Amy // Crain's Detroit Business;09/28/98, Vol. 14 Issue 39, p12 

    Focuses on business insurance in the United States, while indicating that most insurance companies will not cover year-2000 losses or settlements if the company is sued for problems relating to the computer crisis. Availability of special policies; Comments from Claudia Rast, director of the...

  • Overlooked issues: Racing for protection against Y2K. Pratt, Gibson E. // San Diego Business Journal;09/28/98, Vol. 19 Issue 39, p21 

    Gives advice on insurance coverage for the year 2000 computing crisis in the United States. Protection for business liabilities; recognition of exclusions in a legal insurance audit.

  • Another Y2K worry: Insurance might not cover it. Roush, Matt // Crain's Detroit Business;09/13/99, Vol. 15 Issue 37, p41 

    Examines the business insurance coverage of the year 2000 computer problem or Y2K in the United States. Reasons of insurers for failing to cover Y2K exposures in their general liability policies; Opinions of insurance agents on businesses with Y2K exposure covered by insurance policies; Legal...

  • M&M develops new product to help cure millennium bug. Gjertsen, Lee Ann // National Underwriter / Property & Casualty Risk & Benefits Manag;02/03/97, Vol. 101 Issue 5, p2 

    Reports that Marsh & McLennan has an insurance product, which will be targeted at the computer-related crisis which many companies will face when the new millennium arrives in the year 2000. Claims that thousands of companies have computers that only use two digits in their date code; What will...

  • Users, insurers grapple over Y2K. Zerega, Blaise; LaMonica, Martin // InfoWorld;08/17/98, Vol. 20 Issue 33, p8 

    Focuses on the debate over the validity of exclusions for year-2000 losses from most business insurance. Likely opposition from customers that carry out solid remediation plans; Confusion over whether year-2000 loses are considered a fortuity or an unexpected occurrence; Refusal of re-insurance...


Read the Article


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

Try another library?
Sign out of this library

Other Topics