More on the composite cladding issue

More on the composite cladding issue

One of the biggest issues facing the construction and insurance industries of late has been the use of composite paneling. Of course linked to this is the number of fires involving extruded polystyrene “XPS” in cool rooms. I am anxious to learn as much as I can about the issues as is Steve Manning and we acknowledge those that are assisting us including AXA UK […]

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Sharing the knowledge – 2018 Vero Commercial Fire Data Base

Sharing the knowledge – 2018 Vero Commercial Fire Data Base

One of the basic philosophies of LMI Group is to share the knowledge we gain from the many claims we are involved in for the benefit of the insurance industry, business and the wider communities. Of course, there are others within the insurance industry that share this approach and we praise them for their efforts. Adam Matteson from Vero shared with me the Commercial Fire […]

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Where insurance can appear unfair and not in the best interests of the consumer

Where insurance can appear unfair and not in the best interests of the consumer

There are a couple of areas of the law that can appear to be unfair to an insured. A recent case has highlighted one. In Globe Church Incorporated v Allianz Australia Insurance Limited & Anor [2019] NSWCA 27 Globe Church argued that time started to accrue when the ISR insurers breached their obligations under the policy by not indemnifying Globe Church and not from the […]

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Has a precedent been set that will allow others to seek recovery due to non-conforming building materials?

Has a precedent been set that will allow others to seek recovery due to non-conforming building materials?

It was reported in The Age today that builders LU Simon have been ordered to pay $5.748m to the 211 applicants in the case of the fire at the Lacrosse building in Melbourne’s Docklands following a fire in 2014 that was fueled by combustible cladding. However, it has also been reported that while LU Simon will have to pay the initial sum, other respondents in the case […]

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LMI Group – 20 years later

LMI Group – 20 years later

Little did I know when I started the LMI Group at the kitchen table in my home on the 25th February 1999 that it would have developed into the diversified group in every sense of the word that it is today. While the geographical spread and range of services has grown exponentially during these 20 years, and the words have been moved around, the core […]

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Apparent double standard on suppression orders

Apparent double standard on suppression orders

Back in December 2017, I posted an article on this site explaining and congratulating the work of an insurance investigator and the police for catching two arsonists who put the lives of people living above there target business at risk. As the names of the two convicted criminals were reported in a newspaper I too named them. A few months later, on the Thursday before […]

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The danger to an Insured when they ignore known risks

The danger to an Insured when they ignore known risks

While carrying out training earlier this week, I was approached by a concerned underwriter who explained that one of their senior risk surveyors had carried out a risk survey on a high rise building and they identified that the fixing mechanisms to hold the cladding in place were deteriorating and there was a real chance that pieces, or whole sections, of the cladding could fall, […]

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Blog Question on Non-conforming cladding

Blog Question on Non-conforming cladding

I received the following question from an old friend who I first met while handling a complex claim for his company in 1984. I rang yesterday looking for advice or some information from LMI on the building cladding issue and if the commercial insurance underwriting industry are already or are considering paying claims out for “damage or loss” to the buildings. I wonder if its […]

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Even before we get a chance to stuff up, we are being criticised by the media and politicians. Let’s get real.

Even before we get a chance to stuff up, we are being criticised by the media and politicians. Let’s get real.

I thought, with the long overdue departure of Karl Stefanovic, who so unfairly attacked the industry after the Brisbane floods that I stopped watching the Today Show, that we would be getting more balanced reporting by the media. However, no doubt picking up on the Deputy Premier’s call for banks and insurers to “lift their socks” and show compassion to North Queenslanders’ affected by the […]

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Recycling Industry in a positive light

Recycling Industry in a positive light

Yesterday I posted the disappointingly long list of fires in the recycling industry. I thought it only fair to highlight some of the great things that are being done with recycled products to reinforce why I do not want to see this important industry disappear from Australia. Already we are seeing roads being sealed with modified asphalt mixed with recycled plastic and glass. The recycling […]

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