Do your systems have only five years to live?

Article Abstract:

Computer systems that need to calculate using dates may not work after 2000. The practice of leaving the first two digits off the year when entering dates into files has resulted in systems that read '00' as '19.' Insurance industry computers will not be able to determine ages, find files by date, or determine when policies mature or expire. Correcting the problem will cost billions of dollars nationally because programs will have to be closely inspected to ferret out other uses of '00,' such as to indicate expired policies.

Computer Software, Software Publishers, Economic aspects, Product defects and recalls, Insurance industry, Calendars

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Digging the dirt: data mining got its foothold in marketing, but is showing great promise in ferreting out insurance fraud

Article Abstract:

Data mining requires the evaluation of information in databases to determine how suspect groups or individuals spend money, to whom the money is being channeled and whether the fraudulent activities are being done internally or externally. Data mining is an innovative measure in curtailing insurance fraud which cost the US $23 billion in 1996. Effective fraud data analysis warrants the coordination of activities among investigators, corporate auditors and provider relations.

Police Protection, Fraud, Prevention, Data warehousing software, Fraud investigation, Insurance fraud, Database marketing

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Rummaging in the legal attic

Article Abstract:

Anderson Kill and Olick created a center which is geared towards preserving court decisions that have been surreptitiously wiped off the records by losing litigants. This is to curtail the vacatur practice which distort American justice system by paying the winning party to vacate hard-won legal precedents. Anderson Kill and Olick's use of the Web has made the vacated decisions more accessible.

Laws, regulations and rules, Services, Web sites (World Wide Web), Web sites, Stare decisis, Internet server software, Anderson Kill and Olick

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