Recently, following an attack by neighbour’s dogs while playing in a friend’s yard, a child was awarded $315,500 for injuries. Prior to the attack, the dogs were securely enclosed in their owner’s premises. The child climbed onto a tree stump on the adjoining property and then stood on a cross beam of the dividing fence,…
The Australian Insurance Market has long been described as cyclical, for instance: it moves through both hard and soft market conditions. In a ‘hard’ market premiums increase and underwriting capacity is eroded. ‘Soft’ markets are characterised by falling premiums and aggressive insurers chasing market share. Based on recent evidence, it is estimated we are currently…
There is no question that COVID-19 has changed the way we live, work and transact in 2020. The impacts of these changes may yet be felt for many years to come. While we are all rapidly adjusting, it is important to consider the actual or potential business insurance impacts. Some questions that may assist you…
Theft from Australian construction sites are disturbingly common and accounts for around $1 billion in costs worldwide. Not to mention less than 25% of stolen equipment is recovered. Even if police find the stolen equipment, they have little chance identifying that it belongs to you. It is easy to rebirth or sell second-hand equipment or…