Companies urged to prepare for Y2K power outages

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Insurer doesn't want expensive buildings or equipment damaged:

No Power

-- Norm (nwo@hotmail.com), April 14, 1999

Answers

More likely the insurer won't cover the damage without a rider. Insured beware!

-- Brooks (brooksbie@hotmail.com), April 14, 1999.

From conversations I've had with insurance companies, most are specifically excluding Y2K damages from coverage.

-- Jon Williamson (pssomerville@sprintmail.com), April 14, 1999.

"In cold climates, for example, loss of power, even for a few hours, could cause building heat loss that could freeze and burst pipes and render fire protection systems inoperable," said Michael Polagye, Factory Mutual's Y2K Task Force leader.

"At other locations, outages as short as 15 minutes can interrupt production lines and damage work in process.

"The good news is there's still time to reduce one's risks by preparing for possible utility outages and other Y2K problems."

This man Polagye is an enemy of the people! He is spreading unsupported rumors and discussing doomsday scenarios! This will cause innocent citizens to do crazy things like prepare themselves for possible Y2K-related problems! He must be stopped!

8-}]

-- Mac (sneak@lurk.hid), April 14, 1999.


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