Preview to this week’s entries

It has been a most interesting week for me attending the Claims Convention 2012 Conference in Kuala Lumpur early in the week at which I
delivered a paper. The topic of my talk at the conference was Supply Chain Risk and how to adjust claims arising from Customers’ and Suppliers’ Premises. I was also privileged to participate in a panel session on claims management.

I followed this up with two days of meetings in Singapore, including with the Singapore Business Federation who are big supporters of LMI
ContinuityCoach; an inexpensive but very effective way to build a fully-fledged business continuity management plan. (www.continuitycoach.com)

Having returned to Australia, I have posted a couple of articles this week on the blog. The first is a request for any books on general insurance you may have and the second is, as promised last week in my article on Donahue v Stevenson, an explanation of the difference between misfeasance and nonfeasance.

During the week I started work on a double-sided flyer to go out with renewal notices to those in Victoria to clearly show the level of tax they are paying with their insurance and why it is so important that they insure for full value. I hope to have this available in my next round of blogs.

In the meantime, I show the cost of the tax split between metropolitan v rural Victoria and commercial v domestic in one of the following postings.

Also, not far away is the LMI team’s analysis of the impact of carbon tax on reinstatement and replacement values of buildings in Australia
come 1 July 2012. I intend completing this over the next 7 to 10 days and will post it to this blog as soon as it is finished. I had hoped to be in my office
this coming week to ensure that I finished both projects but I have been asked to speak in Brisbane and Sydney which will keep me out of town for another 4 days out of 5 this week.

Thanks for all the very positive feedback. I do appreciate it. The fact that the readership has doubled over the last month to over 4,000 a week means that many people are benefiting from the entries.

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