99-01: Modifications to Bulletin - Y2K Coverage and Endorsements

To:           All Insurance Companies Licensed to Write Property & Casualty Insurance in Missouri

From:      Susan M. Schulte, Property & Casualty Section Chief

Re:          Bulletin 99-01, Y2K Coverage and Endorsements

Date:       June 30, 1999

The Missouri Department of Insurance (Department) issued Bulletin 99-01 on January 15, 1999. Since then, many insurers have called to discuss various compliance issues, usually technical in nature. By-and-large, a significant number of insurers seem to be in a position to help the Department monitor the Y2K issue by complying with the requirements of this Bulletin.

However, some insurers have indicated they are unable to or have difficulty complying with certain aspects of the Bulletin. The P&C Section accepted the invitation of the Missouri Insurance Coalition (Coalition) to discuss these concerns. The Coalition held a meeting at its offices on February 26, 1999. As a result of that meeting and subsequent communications, the P&C Section is issuing the following modifications to Bulletin 99-01.

If you have any questions regarding this notice, please feel free to contact Susan Schulte, Property & Casualty Section Chief, Missouri Department of Insurance, P.O. Box 690, Jefferson City, MO 65102, (573) 751-3365 or fax (573) 526-4839.