i-law

Liability Risk and Insurance

Y2K sue-and-labor claim rejected

Policyholders seeking to recoup their costs in avoiding the effects of the Y2K bug (remember that, when the electronic world was expected to grind to a halt on Millenium night?) have been set back by a ruling of the State of Washington Court of Appeals that insurers cannot be required to pay under sue-and-labor clauses. This in relation to property policies held by the Port of Seattle.

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