More and more accidents are being caused on our roads by people using mobile phones while driving. A study completed by the Australian Government in 2011 revealed that 59% of mobile phone users used their phone while driving. It is time that something was done, and as of December, New South Wales will be the first State in Australia to take action by introducing mobile […]
Australian Communications and Media Authority has my full support on stamping out scams
I visited my Aunt last week while visiting Queensland and could not believe the number of scam phone calls she copped during my short visit. I then reflected the number of scam calls I get on my mobile and at my own home. It was therefore pleasing to see that the Australian Communications and Media Authority (ACMA) has today released its Combating Scams report which […]
There are risks with the sharing economy
The latest idea of sharing assets is a sharing app to allow the renting out and or sharing of the family pool. Before you rush off and do this, please check with your insurer or insurance broker to ensure that you have the correct liability coverage in place for this commercial operation. Pools are notoriously dangerous places, and if you add alcohol which may become […]
Product Recalls Australia – 27 Nov 2019
This week’s product recalls include: Costco Wholesale Australia — Bendable Snowman Trio Porsche AG — Porsche Panamera (971) MY2017-2020 and Cayenne (9YA/9YB) MY2018-2020 David Jones Pty Ltd — David Jones Vegetable Spring Rolls 240g Priceline and Priceline Pharmacy — Ready Set Travel Digital Luggage Scale 3M Australia Pty Limited — 3M Aura Particulate Respirator 9322A+ Roche Diabetes Care Australia Pty Ltd — Accu-Chek Guide and […]
Our politicians are so out of touch!
It was reported last week that Assistant Treasurer Mr Sukkar (Liberal) called on the State Government in Queensland (Labor) for the removal of stamp duty on insurance in North Queensland. When asked the appropriate question as to whether he would ask the New South Wales government (Liberal) to do the same he said that it was not such an issue in that state. First up, […]
A suggested way to drive better corporate behavior
With all that has gone on with the Commonwealth Bank in both the insurance space and the banking area, particularly the reported practice with children’s Dollarmite bank accounts, all of which is so far from my and our organisation’s values that I spoke to our board and suggested that we move banks. It was a unanimous agreement that we make the move. As an aside, […]
Isn’t your home worth good insurance?
The old saying goes that every person’s home is their castle. Castles were made to be protected, as like the modern home, they house the people and possessions that mean the most to us. A good insurance policy by its very nature is the last line of protection. The reality is that even the best maintained property can be subject to an accidental fire, storm […]
Product Recalls Australia – 20 Nov 2019
This week’s product recalls include: Polaris Sales Australia Pty Ltd — Selected Indian Motorcycles (111 c.i.) MY2014-2019 Harry and Millie — Key-Shaped Wooden Teether Volvo Group Australia — Mack Trucks – CMH Trident, CLX Superliner, CMM Granite and CSM Metro-Liner MY2018-2019 BCF — TAHWALHI Outboard Bridle Rope Black Hops Brewing — Extra Eggnog Beer 375mL in Beer Cartel Advent Calendar Udder Delights Australia Pty Ltd […]
Another question on the ISR – this time the endorsements
It is amazing how questions seem to come in a run on the one related topic. I got this one last Friday. Al, I am trying to get some historical narrative on the various endt codes Ie, old Goodlad v newer references v LMI references . If I reference the clauses in the green book, I can see as much as possible you have left […]
Questions about the origin of the Mark IV ISR
At the request of a long standing friend, Keith Till, then of Zurich Insurance Australia Limited, I wrote what became a 3 volume set of books on the Australian Industrial Special Risks (‘ISR’) Policy. I worked out it took about 1,600 hours of research to write the books drawing on a great many sources including but not limited to David Goodlad’s original drafting manuals and […]