INSURANCE NEWS

Don’t let Disaster Fraud Catch You or Your Business Out

Fraudsters tend to keep a step ahead of everyone. If you think you understand the problem of fraud and economic crime now, you may see it change by June due to the pandemic’s impact. That’s a finding from the Australian Institute of Criminology‘s report on fraud and its relationship to pandemic and economic crises. It says […]

Read More

Building Your Home? Beware of This New Risk

Signing a contract for a new home build can be nerve-wracking, and there are solid numbers of Australians on this journey. In numbers: Australians building their homes According to the Australian Bureau of Statistics, there were almost 10,000 approvals to build private-sector dwellings in March, a three percent drop from the previous month. Meanwhile, the Housing Industry […]

Read More

5 Important Facts About Professional Indemnity Cover

There’s much more to professional indemnity insurance (PI) than meets the eye. This type of insurance helps cover the cost of legal action for losses others experience resulting from your services including professional advice. For example, it could cover contract breaches, such as: Not achieving the results of a contract (completing a report on time) […]

Read More

What Can We Learn From Our 1-in-a-1000-Year Floods?

As we’ve seen with the devastating northern NSW and Queensland floods – and costliest ever – earlier this year, a one-in-1,000-year flood doesn’t only occur every millennium. Despite the minuscule 0.1% chance of that type of flood happening in any location any year, it can occur in two consecutive years, says Weatherzone. That’s what the town of Lismore has endured already this […]

Read More

Know your Obligations as a Commercial Property Owner

Whether you’re a hands-on commercial property landlord or delegate the duty to a property manager, it’s always timely to refresh your understanding of responsibilities. This article focuses on non-retail commercial premises, and you can find out more about the distinction here. Building maintenance Your key responsibility is to ensure your property is in a safe, proper […]

Read More