Insured For Y2 K? Don't Count On It

Insurers are telling customers they're on their own

Linda Ferro, chief financial officer at Banner Service Corp., a family-run precision grinding company in Carroll Stream, Ill., is worried. Like thousands of other execs, Ferro has just learned that her company's existing business insurance won't cover anything that happens to Banner--or its customers--if the company's computers get fouled up by the Year 2000 computer bug.

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