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Y2K Insurance Claims Deadlines Approaching Fast; Anderson Kill Insurance Services Provides Interactive Quiz.


Business Editors

NEW YORK--(BUSINESS WIRE)--March 6, 2000

Insurance companies are hoping that corporations will not notice the fast approaching deadlines to file notices for their huge Y2K See Y2K problem and Y2K compliant.

Y2K - Year 2000
 remediation costs. For corporations that are wondering whether they should file a claim with their insurance companies, Anderson Anderson, river, Canada
Anderson, river, c.465 mi (750 km) long, rising in several lakes in N central Northwest Territories, Canada. It meanders north and west before receiving the Carnwath River and flowing north to Liverpool Bay, an arm of the Arctic
 Kill Insurance Services, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 has put a quiz A quiz is a form of game or mind sport in which the players (as individuals or in teams) attempt to answer questions correctly. Quizzes are also brief assessments used in education and similar fields to measure growth in knowledge, abilities, and/or skills.  on-line to help them with this vital decision.

"Every major corporation needs to immediately review all their insurance policies to see if they may be covered for their Y2K remediation costs. To point corporations in the right direction, we put a quiz on-line at http://www.andersonkill-is.com/y2k.htm so corporations can see how they stand." said Finley Harckham, President of AKIS AKIS Alkohol Koordinations und Informations Stelle (German) . "Too many corporations did the technical work, but have not followed up on getting payments from their insurance companies. Corporations need to act now to determine if they need to send Notice Letters or enter into Tolling Agreements with their insurance companies," he said. "Some corporations may well decide not to pursue Y2K claims against their insurance companies, but such decisions should be based upon a thorough analysis of their policies and coverage issues," said Finley Harckham.

Rarely, will a risk manager find a policy that specifically includes or excludes Y2K coverage with the exception of some recent policies. Therefore, corporations need to look at more than just the exact language in the policy. Correspondence, brochures and notes of statements made by insurance company representatives may be important in determining the scope of the policy. AKIS maintains extensive records of such items, as well as hundreds of depositions from insurance company executives in prior law suits.

Anderson Kill Insurance Services LLC provides comprehensive consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 to policyholders. AKIS is a subsidiary of Anderson Kill & Olick, P.C., the leading national law firm in the representation of insurance policyholders for over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights.
     2.
.

Mr. Harckham is available for interviews.
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Publication:Business Wire
Date:Mar 8, 2000
Words:316
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