Yet another fire at a recycle centre while millions collected in taxes

Yet another fire at a recycle centre while millions collected in taxes

A metal recycle premises in Garbutt Queensland is the latest recycle company to have a fire. For a full list of the fires in this industry that occurred last year, please go to this post. Meanwhile Local councils across Melbourne are facing the growing prospect of having to dump tonnes of household recyclable material in landfill after the environment watchdog ordered a major recycling company […]

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The grim list of fires in recyling

The grim list of fires in recyling

A long standing friend and supporter of this blog, Adam Matteson of Vero has compiled a list of the fires that have involved the Recycling Industry in 2018. We at LMI have been commissioned to assist Insured’s on a number of these fires, have conducted many risk management audits and I have addressed the Victorian Waste Management Association – but even with all this first […]

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Lessons learned by a fire in my home Christmas 2018

Lessons learned by a fire in my home Christmas 2018

A Christmas to remember. After helping people through home and business fires for nearly 48 years, ‘it did happen to me’, at around 10:30pm Christmas night. After only about 1 1/2 hours sleep that night I posted a quick note on Facebook with a few photos. The response I received was a complete surprise. There were a few common themes. The first which was only […]

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Different landlord – similar issue

Different landlord – similar issue

This is another issue that I have posted warnings on several times over the past few months. It was reported recently that a Perth landlord was hit with a huge power bill after tenants ran a cannabis grow-house from his property. The power bill was a whopping $85,000. The report suggested crime gangs are most likely to target private landlords and will often provide a large upfront […]

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Baby Wipes: not so flushable!

Back on 25 July last year I posted an article about sewers being blocked as a result of baby wipes being flushed down the toilet. I would like to think someone of authority reads my blogs and actions results, in any event I read with interest that the maker of White King “flushable” wet wipes, Pental Limited (“Pental”), has been fined $700,000 for making false and misleading […]

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Learning from the past to protect against today’s hazards

During the very hot summer of 2008-2009, that included the Black Saturday bush fires, our Melbourne office was left without power due to both the fires and the inadequacy of an electrical sub-station across the road. As it is imperative for us to provide our claims services during periods of natural catastrophe, so we are able to assist people in need we installed a backup […]

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5 reasons why landlords should insist their residential tenants have contents insurance

Lately there has been a spate of house fires around Australia where the tenant has been uninsured. Having been doing claims for over 45 years now, I have witnessed countless times the devastating effect that not being insured has on someone. When landlords lease out their commercial premises it is standard practice to at least have the tenant hold public liability insurance. This is a […]

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Tianjin Explosion – initial report

The explosions at Tainjin in China is the largest man made catastrophe loss in many years. The estimate of insured losses continues to grow and at last account was in excess of USD3.3 billion. Putting aside the terrible loss of life and injuries caused by the explosions, the event once again highlights two issues, accumulation risk and supply chain risk. Aon Benfield have published an […]

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Beware Another Cyber Scam

Over the past few days, I have received  phoney fax messages sent to my email. The emails, which ask you to click on a link, which causes the damage as soon as you do. Please do not get caught with this or a similar scam. Never click on any link in an email without making sure it is legitimate. Fax Message [Caller-ID: 1-407-987-4450] http://ocscexpo.net/inbox/get_message.php [I […]

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Question on Test for Under Insurance on a Business Pack Policy

The question today was: ———————————————————– Good Morning Allan, We would appreciate your interpretation as follows. Refer attached Sunrise schedule with the sum insured & limit of liability clause a [cluster group] BPK wording. Building Sum Insured/Declared Value (page x)                    $8,440,000 20% Extra Limit of Liability (page x+1)                                     $10,128,000 […]

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