Insurance and Y2K (was Delorme Street Atlas USA(was: Gas mileage))

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New member
Feb 8, 1998
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This is standard stuff - most insurers are adding clauses to their policies
excluding "date recognition" losses, my employer included. Of course the
main concern is with 1/1/2000, but usually these exclusions are not limited
to just that date. "Afraid" doesn't ever begin to touch this. It's a "zero
tolerance" issue for us and we've flatly refused to renew policies for
extremely large customers(Fortune 50 types) over this issue.

"May you live in interesting times"(ancient Chinese curse)
Patrick

> -----Original Message-----
> From: Richard Waters [mailto:digitek]
> Sent: Thursday, August 19, 1999 11:33 PM
> To: gmcmotorhome
> Subject: Re: GMC: Delorme Street Atlas USA(was: Gas mileage)
>
>
> Justin,
> You're right. Interesting thing. The insurance company that covers
> my airplane has an exclusion in our policy for a date in August that
> says if there is damage to the plane on that day, caused by navigation
> errors caused by the GPS, they don't have to pay. I don't remember
> the exact day, but I know we won't be flying then. I can look it up
> if anyone wants to know.
> I think the problem is that there are only so many weeks that the GPS
> is programmed for and this month they start over again. No one really
> knows what will happen then. I seem to recall that the magic
> number is
> 400 weeks. And this month the 400 starts over again. It must be
> significant if the insurance company is afraid. Apparently
> it's going to
> take some time for the GPS to recalculate its position when
> the week/date
> rolls over and if you are in a critical phase of navigation,
> such as an
> instrument approach, you could be screwed.
> Richard Waters '76 PB, Troy, MI
>

>
> > Patrick
> > I was watching TV the other night through "closed eye lids"
> (more or less)
> > and they came on saying that all the satelites would be
> resetting their
> > clocks shortly. Gave the date, but didn't catch it, and
> made the point that
> > GPS systems would be the most likely to be affected.
> Suggested we check with
> > the manufacturer of our units to see if they need any
> tweeking. Sorry I
> > wasn't alert enough to catch all of it. Have you heard
> anything. It was on
> > one of the major networks this week, probably late news.
> > Justin
>