An Acronym Whose Time (Unfortunately) has Come

American Agent & BrokerVol. 76 Nbr. 8, August 2004

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Summary


Recently, in a GCL class being taught, there arose a heated discussion of liability coverage for autos versus moblie equipment. Although the resolution of such disputes invariably turns on whether a specific vehicle is considered to be an auto or mobile equipment, the students got stuck on such side issues as tags and usage on public roads. This issue was thought to be resolved nearly 20 years ago when the ISO simplified GCL forms were released, with a fairly detailed and comprehensive definition of mobile equipment.

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An Acronym Whose Time (Unfortunately) has Come

AH, THE WONDERS of the acronym! How dull or inconvenient our world would be if we had to forsake our fondness for (and the sheer practicality of) those little shortcuts of meaning. From those gracing all office conversation (FYI, ASAP, CYA) to those of the Internet (LOL, ROFL), acronyms both old and new grease the wheels of communication in our daily lives.

While perusing the message trees on a vendor-help Web site, I stumbled acros...

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