Liability and Insurance: Infrastructure Assurance   [open pdf - 374KB]

Coopers & Lybrand L.L.P. (C&L) was engaged by the President's Commission on Critical Infrastructure Protection (PCCIP) to conduct a market study on infrastructure assurance in the oil and gas, electric and telecommunications industries. The purpose of this study was to identify and examine public policy issues associated with questions of responsibility for assuring reliable infrastructure services, both today and in the future. Its aim was also to identify how service providers deal with liability for service interruptions in the oil and gas, electric and telecommunications sectors. The study also assessed the impact of deregulation on infrastructure by terrorist or cyber attacks. Our analysis involved background research and interviews with senior executives in the three industries in question as well as related industries including law firms, insurance companies and financial institutions. Interview participants were selected that provide a wide range of perspectives and represent different types of service providers existing in the market, a variety of company sizes, different departments within organizations, as well as geographic diversity. The information and opinions presented in this report reflect the interview responses and perceptions within the industry.

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