Glossary

The Year 2000 exclusions precluded coverage for losses arising from an electronic device's inability to distinguish between century years because their programs identify years only by their last two digits and operate on the assumption that a year identified as "00" is 1900.

The yellow book refers to the annual reporting form for property and casualty insurers in the United States.

York Antwerp Rules are a set of complex rules prescribed to by most nations that outline the method of allocating general average losses between ship owners and cargo owners.