Hi Professor Manning, I read all of your blogs, and now it’s finally my chance to write to you with a query! Here’s one that has confused the team at Stanton’s a little bit.The context is that a client has a Landlord policy with [Insurer name withheld] for a property in Footscray.They are in between tenants so they have decided to restump the building. The […]
Two flyers to assist explaining the risk in cancelling casualty insurance
It continues to cause me great worry that so many business owners are cancelling insurance. I am not alone in this and, broker and long standing friend, Robert Cooper of CPR Insurance brokers, shared with me the words of warning that he has been sending to his clients. Robert, has kindly allowed me to have the team from LMI Media to add some graphics and […]
Likely response from Insurers if you are sued for breaching COVID-19 regulations
Like many Australians, I could not believe the note I received from ABC News yesterday, which I reproduce below. Due to the fact that you do not know if you have COVID-19, the ease of its transmission, and the terrible outcome for a percentage of the population who contract the illness, there is simply NO excuse. With circa 25% that were checked found to be […]
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, […]
Blog Question: Can I have your thoughts on the AirBNB guarantee
Good day Allan, Thanks so much for looking into his for me. https://www.airbnb.co.nz/terms/host_guarantee See attached and the link above for more information. I am interested in finding out more about the annual aggregate on the liability ‘policy’ also. Apparently this is $10,000,000 and once this is used up there is no money in the pot for further claims from airBnB hosts. Thanks, Kate [surname […]
Even the Government doesn’t fully understand insurance
On the business.gov.au website under a section looking at Market Stall‘s, they describe public liability insurance as the following: “Public liability insurance protects you against claims for property damage and bodily injury such as a product you’ve sold negligently causing a fire.” [Source: business.gov.au] As anyone in the insurance industry knows, this is not public liability but product liability. Thank you Kay Jackson from Simplex […]
Serious amounts of lead in some Hashmi eyeliners.
I often ask you to keep your eye out for our warnings on recalled products. This one I want you to keep your eyes well away from. The NSW Health Department uncovered the issue when 3 children from the same family became sick. On testing two eyeliners, namely Hashmi Surmi Special and Hashmi Kohl Aswad, it was found they were a staggering 84 per cent […]
Lord Atkin Exhibition – Supreme Court of Queensland
Lord Atkin, the Chief Justice of the House of Lords is famed for his decision in Donoghue v Stevenson [1932] UKHL 100, regarded by many as the most important case in the 800 years of the common law. Not many people are aware, including Steve Manning and I until we started our research for our book on the case and its impact on society and general […]
Driver-less car technology fails a pedestrian. Lessons still to be learned.
While visiting my daughter in Phoenix, Arizona at the start of the year I saw a number of driver-less Uber vehicles driving around the University of Arizona campus in Tempe (a suburb of Phoenix). At that stage, all the vehicles had a driver and you could opt to have the car drive itself or have the driver drive it. Having borrowed my daughter’s car I […]
Yet another recall: this one should not be ignored!
It is estimated that around 80,700 pool fence latches sold through Bunnings Warehouse stores across Australia have had to be recalled. This is following an investigation which found that they do not comply with the required Australian Safety Standard. With young lives at risk, this is clearly a very serious safety issue, and so I join the request that any and all owners and residents of properties with pools […]