Blog question on goods in physical and legal control

Blog question on goods in physical and legal control

I received this question this morning. Good morning Allan, I hope you can assist. Having trouble deciphering the Property in your Care custody and Control wording in the [insurer name withheld] Trade Wording I have attached the Liability section and the property in control wording. Our client are concreters and will be hiring some lighting equipment valued at $14,000 as they will be working at […]

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One area we do not want to follow the United States

One area we do not want to follow the United States

With so much of what happens in the United States finding its way to Australia, one statistic worries me and should be of concern to government in that country. That is the life expectancy in the US has fallen every year for the last 3 years. Only Mexico has this decline with the rest of the world enjoying increasing life expectancy. I was not aware […]

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Falling Tools a risk that can be greatly reduced

Falling Tools a risk that can be greatly reduced

Yesterday on the news, one of the reports was the tragic death of a 38 year old construction worker who fell from a 7 storey building. With harnesses, safety railings, safety officers and more you have to ask how can this still be happening. What is not reported on as much is tools, bolts and building materials being dropped by workers while working at elevation. […]

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Large gum trees in residential areas pose a threat to life and property

Large gum trees in residential areas pose a threat to life and property

Like most people I am all for protecting the environment and greening our towns and cities but we do need to balance this with the risk to life and property. Today in much of South East Australia strong winds are again forecast. As a child growing up in Brisbane I always thought of August as Kite month. While the weather is great for kites it […]

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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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Electric Scooters – Are they too dangerous?

Electric Scooters – Are they too dangerous?

You may have read that a 50 year old man has died in hospital after coming off a lime hire scooter at Brisbane’s Southbank on Wednesday. The man was wearing a helmet, the quality I am not sure of. In any event, he suffered a traumatic head injury and went into cardiac arrest as a result of the injuries. I know that there is a […]

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Bonded Stores / Warehouses

Bonded Stores / Warehouses

A bonded store, or bonded warehouse, is a building or other security area in which goods that are subject to a duty or levy, such as an import duty, excise tax or the like, can be stored, manipulated, manufactured or assembled without the payment of a duty. Depending on the jurisdiction, it may be managed by the state or by private enterprise. When it comes […]

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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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Sad death of stonemason from silicosis highlights a risk for those using labour hire

Sad death of stonemason from silicosis highlights a risk for those using labour hire

It was reported yesterday that Mr White, a stonemason working on the Gold Coast, passed away from silicosis. In a separate report, his brother has also been diagnosed with the same deadly disease. Under Australia WorkCover legislation all workers are covered through their employers workers’ compensation insurance. As such, employers are somewhat protected. There is a serious problem however where the organisation under which the […]

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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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