Business Services Industry
Contingency planning for Y2K bug dominated 1999's risk landscape.
Business Insurance, December, 1999 by KOCHANIEC, JOANNE WOJCIK
Concern over Year 2000 exposures, the demise of the Quality Insurance Congress and the continued consolidation of the property/casualty insurance industry were the most significant developments of the year, according to several risk managers. While industry consolidation is likely to remain in the news, new issues -- including the proposed ergonomics standard issued by the Occupational Safety and Health Administration and financial services deregulation -- are likely to move onto risk managers' radar screens in the new millennium.
Risk managers also will need to stay on their toes professionally as organizations and government alter the definition of "risk management." "Preparation for the Y2K rollover, not so much from an insurance perspective as much as...
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