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Blog - Page 41 of 74 - Austbrokers Terrace Insurance | Adelaide | Melbourne

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 […]

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 […]

$500K FRAUD FOILED BY PHONE FAIL

A Sydney man has been denied an insurance payout of more than $500,000 after it was found that his friend was responsible for the fire that destroyed his investment property. Sachin Sharma claimed $466,252 on his home policy and $60,637 for the contents at the property in Ingleburn in the city’s southwest which was destroyed […]

TAKING ON THE INSURANCE CONUNDRUM OF THE WINTER OLYMPICS

Before crowds could gather in PyeongChang for the opening ceremonies of the Winter Olympics, design professionals and contractors created the ice rinks, ski jumps, and bobsled tracks on which athletes compete. For an event as big as the Olympics, professional liability insurers also worked hard to help clients mitigate the risks that come with being […]

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 […]

HOW RIDE-SHARING SERVICES CAN TAKE YOUR PRIVACY FOR A RIDE

Even the largest companies in the world are not exempt from security breaches – and the scope of even a minor breach of your client’s confidential information can be devastating. Why take the risk? Contact us today to discuss Cyber Insurance. In cities around the globe, using ridesharing services has become a way of life. […]

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 […]

EMPLOYMENT PRACTICES LIABILITY TIPS

As a business owner, Employment Practices are a topic which is always in the back of your mind. If you want to discuss these practices, or have any queries about insuring them, please contact us today.    The media loves a scandal – and scandal it had in 2017 with a series of high-profile sexual […]

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