Insurance policies for strata developments generally include coverage for reinstatement or replacement of the building and common property in the event of a claim. Generally, risks covered under these policies are for accidental damage from events such as impact or a storm. What lot owners and some strata managers may not know is that many strata policies offer special or…
At Risksmart, part of the service we provide involves assessing compensation for personal injury matters, especially for injuries suffered in public places controlled by shopping facilities. Each state and territory have different laws for calculating damages. To assist, this article unpacks how a claimant’s entitlement to compensation is assessed, depending on their location. WHAT ARE GENERAL DAMAGES? General damages are…