Insurance coverage for Year 2000 claims
Article Abstract:
Year 2000 insurance may not cover many claims since the risks related to the transition are foreseeable and avoidable. The key to understanding the legal aspects of the transition is to assess how courts will define contract terms especially "property damage" and "occurrence" clauses found in most commercial general liability policies. Many policy provisions drafted to avoid covering risks associated with the transition, however, may not protect insurers from compensating for losses.
Publication Name: Federation of Insurance & Corporate Counsel Quarterly
Subject: Law
ISSN: 0887-0942
Year: 1998
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Insurance regulation in the European Union
Article Abstract:
The European Union is likely to create the largest insurance market in the world, particularly if and when a single currency is adopted. The powers of the European Court of Justice, Parliament, Commission, and Council, the use of directives and regulations, the Four Freedoms clause, and the Cassis de Dijon principle on member state import-exports, are analyzed and discussed as background for reviewing the EC directives on general insurance, life assurance, and motor insurance.
Publication Name: Federation of Insurance & Corporate Counsel Quarterly
Subject: Law
ISSN: 0887-0942
Year: 1996
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