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Insurers prepare for Y2K Onslaught in Texas
Texas officials and insurers brace for Year 2000 computer risks with rules allowing exclusions for Y2K liability claims. Commissioner Elton Bomer said small businesses and professionals will retain coverage where possible, while large businesses face separate approval. Guidance permits ISO exclusion forms or custom limits, but protections for doctors, hospitals, lawyers, and mom and pop shops remain.
MENTIONED IN THIS ARTICLE
Austin
Texas Insurance
Elton Bomer
Bomer
Mom and Pop
Chris Guidette
Insurance Services Office
Guidette
ISO
Susan Slivinske
Texas Insurance Organization
Texas