r some insurance carriers, the Year 2000 compliance aftershocks are still lingering. But one such carrier, Charlotte, N.C.-based Royal & SunAlliance USA, hopes a court ruling in July spells the last Y2K trembler it will have to absorb.A Delaware Superior Court dismissed a lawsuit filed in August 1999 by Unisys Corp. The Blue Bell, Pa.-based computer giant, which has a commercial general liability (CGL) policy through two Royal & SunAlliance co-insurers, sought to recover more than $35 million in Y2K expenses to bring its computer networks into compliance.
The two co-insurers, Allendale Mutual Insurance Co. and Insurance Company of North America, were specifically named in the suit because their coverage period for the policies spanned from 1996 to 2000. Unisys claimed that its Y2K-related costs were covered expenses under a policy provision referred to as "sue and labor."
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