Lloyd’s has a reputation for insuring the “weird and wonderful”, but not everything makes insurance sense. Insurance Business spoke to Heather Ciavarella, senior business development manager at Lloyd’s Canada, about some of the stranger calls the company has received for insurance placements. “I did have a call from somebody who wanted to insure his beard, […]
UNINSURED DRIVER LOSES CAR, CASH IN MOTORWAY SMASH
Drivers in Illinois got more than they bargained for when a multiple vehicle crash saw thousands of dollars of cash spill on to the freeway. An uninsured driver lost control of their car for unknown reasons, hit a guardrail and spun out of control, hitting another car with a flatbed trailer near Champaign, Illinois last […]
INSURER ASKS: IS VALENTINE’S DAY OUTDATED?
Many Australian couples may not be as lovey-dovey this Valentine’s Day, with 45% of couples planning to give the romantic holiday the cold shoulder, according to a new Suncorp research. The study, which polled 1,000 Australians aged 16-64 from around the country, found that while romance remains a key driver for many couples, with 31% […]
INSURER REVEALS STARTLING HOLIDAY HOME CLAIMS
New claims research from IAG has found that one in six tenants of holiday rental properties had accidentally broken or damaged property while on holiday. The research found that one in seven had been injured in a home they were staying in, while one in five had held a party or been invited to a […]
“I JUST FELT RIPPED OFF” – CONSUMER RAGE AT JUNK INSURANCE
Arranging motor insurance can be a minefield, especially amidst sales tactics. Insurance Brokers are professionals trained to focus on genuine coverage at affordable prices – not cheap sales gimmicks. Please contact us if you have any insurance requirements or concerns. Sitting in the caryard with his pregnant wife Ryan Broom felt keen pressure to […]
BUFFETT BACKS “BAD END” FOR BITCOIN
Warren Buffett has said that he would never invest in cryptocurrencies such as Bitcoin despite their recent popularity. Bitcoin hit record prices last month of close to $25,000 but prices have since fallen by 25%, as cryptocurrencies continue on a roller-coaster ride. The Oracle of Omaha said, in a recent interview with CNBC, that he […]
DO INSURANCE COMPANIES HAVE A ROLE TO PLAY IN EQUIPPING US F...
Lloyd’s of London will no longer allow their trading platform to be used for investing in coal, because this fuel is the main driver of climate change. Given the global insurance industry has been harking on for decades about the increasing risks of extreme weather to property, one would have thought they might have arrived […]
SANTA FORCED TO ABANDON SLEIGH DUE TO INSURANCE CONCERNS
Need a hand with your insurances, or have a burning question? Contact us now to discuss your insurance requirements. Santa has been forced to ditch his sleigh after insurers deemed it too risky. The Brighton Rotary Club normally visits children in the British seaside town via sleigh but insurers insisted that Santa had to install […]
SOCIAL MEDIA EVIDENCE REDUCES $20M DAMAGES CLAIM TO NOMINAL ...
SOCIAL MEDIA EVIDENCE REDUCES $20M DAMAGES CLAIM TO NOMINAL SUMSOCIAL MEDIA EVIDENCE REDUCES $20M DAMAGES CLAIM TO NOMINAL SUMSocial media evidence used by defendant to reduce claim for $20 million damages to nominal sum. In Issue Whether surveillance and social media records were admissible to contradict the plaintiff’s account of disabilities. The Background Yena Foong (the […]
PREPARING FOR STORMS AND HAIL
A little rain never hurt anybody… Right? Thunderbolts and lightning are very, very frightening on their own, but add heavy rains tumbling down and golf-ball sized hail stones smashing into things, and there are many ways a storm can wreak havoc to both our property and us. Each year across Australia and New Zealand, storms […]
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