Prof. Allan Manning

FEBRUARY 29, 2024

One of the ever increasing costs of being a landlord, particularly in Victoria is land tax and property rates. The values of properties are being reviewed by state governements and/or local councils and it is going up year on year. Another trick that some States Governments have introduced, and I again use Victoria as an example is that the property owner only has 60 days in which to lodge an appeal.

Commercial 130

Commercial Broker Protection Business Interruption 130

Hunton Andrews Kurth

FEBRUARY 26, 2024

In our client alert, A Brief Explanation of the USPTO’s Useful New AI-Assisted Invention Guidance , we discuss the Inventorship Guidance for AI-assisted Inventions , 89 Fed. Reg. 10043 (Feb. 13, 2024), recently released by the US Patent and Trademark Office (USPTO). The guidance provides inventors and patent applicants with a framework regarding AI-assisted inventions and how inventorship of such will be judged at the USPTO.

Claim 105

Claim Protection 105

Scott Insurance

FEBRUARY 27, 2024

Whether you are an owner, developer or property manager working in the affordable housing industry, you are undoubtedly facing challenges related to your insurance program that are impacting your business strategy and bottom line. Understanding the root causes of those challenges will equip you to find solutions that work for your organization. The Hardening Property Insurance Market Since 2017, the property insurance market has been hardening, resulting in lower available limits, higher deducti

Deductible 52

Deductible Underwriting Underwriter Property Insurance 52

Client Focus

FEBRUARY 27, 2024

The grind is all the stuff you do that prevents you from doing better stuff. Better stuff is stuff that makes your employees more successful, your customers happier, your wallet thicker, and your business bigger. You crave that, right? So, let’s get rid of the grind stuff. Here are some options: Repetitive Tasks List 5 things you’ve done a gazillion times that just make you busy, not valuable.

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Prof. Allan Manning

FEBRUARY 27, 2024

I think we all know the importance of reviewing declared values, sums insured and or Limits of Liabilty every year. This is extremely important at the moment with construction costs escallating as much as they have in the past. The same issue is there for machinery and plant, other contents and replacement stock. In addition to this the Australian dollar has fallen in value with the United States dollar since 1 July 2023.

Broker 130

Broker Risk Protection Insured 130

Prof. Allan Manning

FEBRUARY 28, 2024

In the claims we are handling we are seeing more and more that the Indemnity Period runs out before the business returns to normal. This is due to a number of issues including but not limited to: Inordinate delays by local councils granting approvals. Often for the most ridiculous of reasons. This is magnified making it hundreds of times worse when a natural catastrophe hits.

Claim 130

Claim Risk Building Policy 130

Prof. Allan Manning

FEBRUARY 24, 2024

Today marks LMI Group’s quarter century of service to the insurance industry and wider communities. What better way to reflect on all that our dedicated team have accomplished but list 50 highlights from our first 25 years that you may not know (or have forgotten) the Group. As an aside, I tried to narrow this down to 25 for 25 but I was over this in our first 10 years.

Business Interruption 130

Business Interruption Claim Policy Insurance Industry 130