As I learned of the passing of the 6th child from the jumping castle tragedy in Davenport, I keep thinking of the lessons we can take from this truly tragic event. I know of no weather station near the Hillcrest School so I am relying on the weather observations from the Devonport Airport which is about an 11 minute car ride from the school. The […]
US Tornado’s total US$ billion + losses for insurers.
You would have seen the extensive damage in Kentucky and 6 other US states from the 30+ tornadoes that swept across this wide area during the 9th and 10th of December. Tornadoes this time of the year are rare, but the tornado period is clearly lengthening year on year. These storms mark the 10th US$ billion storm event this year in the United States. Only […]
Insurers criticized for seeking recovery from tenant after kitchen fire – is this reasonable?
Earlier this month the ABC ran an article advising that insurers had agreed not to seek recovery from tenants following an “accidental” fire which caused damage to the landlord’s insured property. See here. In one of the examples, it shows a kitchen fire where whatever was on the stove caught fire. Typically this is due to someone walking away from the stove and oil overheating […]