Realising the importance of ongoing learning, LMI held their annual conference for the claims team in Sydney last week. A wide range of topics were covered from an update on recent court cases involving general insurance claim decisions, a detailed analysis of the Reasonable Care Condition found in many policies by LMI Legal, lessons learned from business interruption losses by LMI Forensics, issues around storm […]
2024 Mansfield Awards and latest General Insurance Claims Ratings
The 8th Annual Mansfield Awards for Claims Excellence were held at a gala event last night at the Establishment in Sydney. The judging of these awards takes a massive effort with 468 ratings on over 240 insurer brands. It was pleasing for the second year in a row to see that more of the claims ratings went up during the past 12 months than went […]
Purchasing pleasure craft insurance provides more than the value of the boat.
Today it is being reported in New Zealand that the skipper of a boat that collided with the Russel Ferry has been ordered to pay $132,200 in reparation and consequential loss payments. Besides damaging the ferry, the collision seriously injured the ferry’s skipper while a passenger was thrown overboard. As I understand it, the award does not include any amount for the injuries to those […]