Typically, the statute of limitation means there is a window of time for a plaintiff to lodge a claim after an incident occurs. The recent decision of Ali v Insurance Australia Limited examined this issue, looking at the date at which a statute of limitation began in relation to a policyholder’s previously denied claim on a home and contents insurance…
Lloyd’s of London v Dhillon Scaffolding Pty Ltd [2022] VSCA 92: A decision by the Supreme Court of Victoria leaves businesses without cover after reasonable safety precautions were not taken, highlighting the importance of “General Conditions Clauses” in a policy. In this article, we discuss the Court’s decision and explain the importance of the proper drafting and interpretation of a…
Honan’s Risksmart has been working with clients on risk management solutions for more than 10 years. During this time, we have built a public liability database with over 15,000 incidents and almost 4,000 claims; providing us with the framework to help our clients make informed decisions. Not only that, but over these 10 years, we have seen more than our…
Fence damage due to stormy weather is a common trigger for claims under a strata insurance policy. In the instance of a neighbouring tree falling onto your property and causing damage, most of us would assume the owner of the fallen tree would be responsible for the damage – but this is not always the case. Normally when the…