if you do a search of the listserv archives for diversified records you'll find numerous postings dealing with a fire at CRC in Pennsylvania which resulted in two companies (First Union Trust and ExxonMobil) suing for the loss of the records. here is a link to one of the postings that contains information about the lawsuit http://lists.ufl.edu/cgi-bin/wa?A2=ind0301&L=RECMGMT-L&P=R9167&X=065AD52AFEC0259980&Y=pakurilecz%40aol.com the key thing to remember is that the plaintiffs award was based upon what it would take to recreate the records. the value for each box varied. For ExxonMobil I believe some boxes were valued in the 5 figure range. The plaintiff's attorneys gave a presentation at the 2003 ARMA International Conference in Boston On Wed, Jul 24, 2013 at 12:56 PM, Sergey Kovynev <[log in to unmask]>wrote: > Dear colleagues, > > Our municipality is sending some permanent records to an offsite storage. > They strongly advised us to get insurance for the records. I am wondering - > what amount we should aim at? > -- Peter Kurilecz CRM CA [log in to unmask] Dallas, Texas Save our in-boxes! http://emailcharter.org http://twitter.com/RAINbyte http://tech.groups.yahoo.com/group/RAINbyte/ http://paper.li/RAINbyte/rainbyte http://pinterest.com/pakurilecz/archives/ http://pinterest.com/pakurilecz/records-management/ http://www.linkedin.com/in/peterakurilecz Information not relevant for my reply has been deleted to reduce the electronic footprint and to save the sanity of digest subscribers List archives at http://lists.ufl.edu/archives/recmgmt-l.html Contact [log in to unmask] for assistance To unsubscribe from this list, click the below link. If not already present, place UNSUBSCRIBE RECMGMT-L or UNSUB RECMGMT-L in the body of the message. mailto:[log in to unmask]
