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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Climate Change – When will we start to believe?

Climate Change – When will we start to believe?

We saw earlier this year bush fires well before the start of the typical season and Queensland is currently suffering from over 100 reported bush fires. California has just come out of their worst ever wild fire season. It was therefore no surprise that Climate Change was one of the two topics addressed by the Insurance Council of Australia at their annual conference in Auckland […]

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How a bush fire can create its own weather

How a bush fire can create its own weather

Back in January of this year, the Bureau of Meteorology published a very interesting article on how a bush or forest fire can create its own weather. I see that the ABC News has picked up the story and I agree it is worth sharing and understanding. Here is a link to the original article.  

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What will it take to change dangerous behaviour and it happened to us

What will it take to change dangerous behaviour and it happened to us

I was staggered at the number of people filmed driving through flooded roads during the storms this week in NSW. It not only puts the car at risk and the neighbouring property which is hit by the wake from the vehicle, but it puts the driver and passengers in danger and those that go to their rescue. Clearly there needs to be a three pronged […]

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The insurance industry needed a good 2018 – The Carr Fire in California is the worst in the state’s history.

The insurance industry needed a good 2018 – The Carr Fire in California is the worst in the state’s history.

In Northern California, the Carr Fire has burned at least 110,154 acres since Monday 23rd July and is reported to have claimed at least six lives according to media reports and Cal Fire. The cause of the fire was a “mechanical failure in a vehicle.” To date over 38,000 people have been evacuated due to the fire. It has been reported that the surveying of […]

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Greek Wildfires – an update

Greek Wildfires – an update

While I was over in Fiji to deliver a paper at a conference I heard that Greece had been hit by wild fires. I checked with our staff with a Greek heritage to ensure their families were okay and I immediately dropped a note to our fellow International Institute of Claims Preparers member Fair Consulting’s Managing Director to make sure he and his family and […]

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Profiting at other people’s expense

The Courier Mail reported on builders massively overcharging victims of Cyclone Debbie and the floods that followed further south. Click here for the article. This sadly occurs after every natural disaster to some extent and while some as the Insurance Council of Australia state is due to demand surge, some clearly is a giant rip off. Every trained loss adjuster and claims preparer will be carefully […]

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LMI Mining attending claims due to Cyclone Debbie

There has been a good deal of news regarding the effect of Cyclone Debbie on the supply of coal to the world. We at LMI have been keeping a close eye on this and assisting many mining clients to calculate their business interruption losses as a result of the damage. What many readers do not know, is that LMI have a specialist mining division that […]

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Recap of week one.

LMI activated its Emergency Response plan on Thursday 30 March starting first in Mackay, Proserpine, Bowen and surrounds and as we were able to gain access, extended this into the Whitsundays. Other teams looked after claims in South East Queensland, Murwillumbah and Lismore. Within this first 10 days, we have arranged for progress payments for close to $40 millions to be made to assist business recovery. This […]

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Actions of the sea – Cyclone Debbie continues her path of destruction

I have posted recently about the issue of actions of the sea, high water, flood and erosions, and with Ex-cyclone Debbie now finishing her path, leaving a trail of destruction in her wake we readdress this issue. We look at the damage that has occurred and again we face a similar issue to that in Australia, in New Zealand now, where a home has their […]

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