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VMIA under scrutiny: domestic building insurance claims
The Victorian Managed Insurance Authority (VMIA) is currently under investigation by Ombudsman Marlo Baragwanath regarding its handling of domestic building insurance (DBI) claims.
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Ensure adequate business liability coverage
As a business owner or person responsible for insurance coverage, it is essential to ensure that your insurance policies adequately cover your business liability risks. This includes carefully reviewing policy wordings for Directors and Officers (D&O), public liability, professional indemnity (PI), and cyber insurance.
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Calderbank offers trigger early settlement negotiations
Calderbank offers and offers of compromise are effective tools that can initiate settlement negotiations and potentially resolve legal proceedings at an early stage. These offers can also create significant costs consequences when effectively drafted, making them a valuable strategy for both plaintiffs/applicants and defendants/respondents.
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Victorian Ombudsman investigates VMIA's DBI claim handling
The Victorian Ombudsman has called for submissions regarding the Victorian Managed Insurance Authority's (VMIA) handling of domestic building warranty insurance claims. This investigation is of great importance to the entire domestic building industry, as a cost-effective, fair, and efficient last resort insurance scheme is critical for both consumers and industry participants.
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Plumbing defects and insurance claims under ministerial order
While domestic building insurance (DBI) claims often take the spotlight, it is equally important to understand the Licensed Plumbers General Insurance Order 2002 and its implications for plumbing defects and subsequent insurance claims. Plumbing issues, such as water leaks, are prevalent in houses and strata properties, and property insurance policies often exclude defects.
Articles about Litigation page 4
We write about recent legal updates, significant court cases, and changes to regulations. Keep informed about the latest developments in Australian law.
