Why insurance will not meet the cost of removing and replacing non-conforming building materials

Why insurance will not meet the cost of removing and replacing non-conforming building materials

The vast majority of insurance policies that insure buildings and or the liability that may arise from owning or occupying one, contain a number of standard exclusions found across the entire market that specifically exclude claims arising from faulty workmanship, faulty materials and or faulty design. These policies include but are not limited to residential home, residential and commercial strata, contract works, industrial special risks […]

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Victoria follows Queensland and NSW on PI insurance for Building Consultants

Victoria follows Queensland and NSW on PI insurance for Building Consultants

The Victorian Government has lowered the insurance requirements for building professionals operating in this State. In effect, it means that the requirement on Building Practitioner’s to have NO exclusion in respect of non-conforming building materials has been done away with. What disappoints me is that some insurers were taking, what to me was, a very fair approach and only excluding known non-conforming building materials. With […]

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An Enquiry into the construction industry is long overdue

An Enquiry into the construction industry is long overdue

The long list of failures to deliver safe buildings continues to grow following the fires in high rise buildings with non conforming building materials, the walkway collapse between the Alluvian building and West Australia Square in Perth and the severe cracking in several buildings in New South Wales. Add to this the ever increasing list of faulty products being imported into Australia including electrical wiring […]

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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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Why I feel let down by Victorian WorkCover

Why I feel let down by Victorian WorkCover

The tragic events surrounding the crane dropping its load and killing a worker and seriously injuring another brings back the frustration I experienced when trying to deal with the builder constructing a high rise apartment block next to our Melbourne office. Having seen the results of tilt slab panels being dropped from cranes around Australia and even just falling over once erected I tried to […]

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NSW Government continue to bend the facts to hide their ineptitude.

Like all rate payers in New South Wales, I received this (image) flyer from the New South Wales Government on the emergency services levy. I cannot accept that deferring the levy is going to help those that are currently bearing the cost of funding the fire and emergency services. Fact 1: everyone in New South Wales benefits from having an efficient, well funded, well trained […]

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Blog Question: Practical Completion under a Contract Works Policy

Good Afternoon, I am writing to seek some advice around interpretation / intention of a definition in the XYZ [Insurer’s name withheld]¬†Annual Construction / Liability Policy. Unfortunately XYZ Insurance were unable to provide any assistance at all, which is why I have forwarded my email. At your earliest convenience, can you please provide your comments around the intention / interpretation of a buildings ability to […]

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Blog Question on Fire Service Levy increase

I received this question from an insured who is concerned about the Fire Services Levy, to be correct the Emergency Services Levy. I have withheld the name of the insurer as is my normal practice. ———————————- I received my home and contents insurance renewal for a policy dated 7/11/16. The Financial Services Levy (“FSL”) ¬†included was $181.85 (estimated by [my insurer]). Along with a letter […]

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Warning on Asbestos Imports

Since the beginning of 2004, Australia has had a complete ban on the importation, manufacture and use of asbestos and products containing asbestos. As with some of the electrical wiring and insulated foam panels that are being imported from China, it has now been found that building materials, auto parts, crayons and other products imported into Australia from China, contain asbestos. It is my understanding […]

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Insurance Bites – a fresh way to explain insurance

With the marketing emphasis of buying insurance more and more on first of all price and secondly how easy insurance is, my son Steve Manning has embarked on an ambitious campaign to explain the basics and importance of insurance. He has chosen to develop a YouTube channel, LMI, with a series named Insurance Bites to educate the general public in an informative but entertaining way. […]

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