I received a question from a reader seeking some information around Advanced Loss of Profits cover for a construction project, I share my answer to the reader below with you all too. Advance loss of profit (“ALOP”) insurance provides coverage for financial losses due to delays in construction and infrastructure projects caused by an insured peril(s). ALOP also called delayed completion coverage or delay in […]
This week’s recalls includes: IBD Medical — Dario Blood Glucose Tracker App Android App Versions 4.3.0-4.3.2 VISIT Group Pty Ltd — Sketch Mug Sydney Opera House Costco Wholesale Australia — Contigo Gizmo 2.0 Kids Water Bottle 414mL 3 Pack Decathlon (Australia) Pty Ltd — Bike Carrier Adaptor for Car Bike Carriers Jaguar Land Rover — Jaguar XF MY2016-2018 Harley-Davidson Australia Pty Ltd — H-D Detachables® […]
In my reading over the last week, there has been 3 articles reinforcing the importance of cyber security and cyber insurance. Currently, one of the biggest costs to business is not ransomware, but rather phishing scams. So much so its now known with the acronym “BEC” which stands for Business Email Compromised. The latest report says US$26billion has been stolen through this ‘BEC’ scams. This […]
This week’s recalls includes: Mercedes-Benz Vans Australia/Pacific — Mercedes-Benz Sprinter VS30 Van MY2019 3M Australia Pty Limited — 3M Cubitron II Roloc Durable Edge Disc 984F Coles Supermarkets Australia Pty Ltd — Coles Brand Fresh Full Cream Milk 2L Landson Glass Pty Ltd — 4mm Clear Toughened Glass Penske Commercial Vehicles — Western Star Trucks MY2011-2018 Jaguar Land Rover Australia — Range Rover Evoque MY2016 […]
I am pleased to report that following a somewhat long battle, the thief has paid the bill and had our P replaced. He was embarrassed and apologetic for the silly error and whilst it should have never happened, i’m glad it is behind us and he has learnt the lesson.
It was with great sadness and shock that I learned of the passing of Donna Walker, an insurance professional for whom I had the highest regard and respect. I join my family and the entire team at LMI in offering our sincere condolences to her family and colleagues.
This week’s recalls include: Jimy Industrial Pty Ltd — Low Profile Quick Lift Trolley Jack 1800kg McLaren Automotive Limited — McLaren Senna Ultimate Series MY2019 Jimy Industrial Pty Ltd — Long Reach Super Low Profile Quick Lift Trolley Jack 1800kg IKEA Pty Limited — HEMNES Bookcases and Glass-Door Cabinets GM Holden Ltd – Holden Trax MY2013-2018, Holden Barina MY2012-2018 and Holden Cruze MY2010-2016 – extended […]
Just over a week ago I wrote concerning the danger that large gum trees pose in suburbia. Link to article. Over the weekend, I noticed an arborist in our street and approached him for a price to remove the ‘widow maker’ limb. I explained the old couple could not afford to get it removed and that council refused to help even though it posed a […]