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Construction, Planning Approvals, Home Owners Warranty
Posted 17 March 2016
The Home Building Act 1989 operates in many unexpected ways, for instance a lot of its focus is on managing insurance risk of Builders as opposed to managing quality of construction. A glaring exam…
Read more →Strata, Building Defects, Renovations, Home Owners Warranty, Residential Building Works
Posted 16 February 2016
Anecdotally, we understand that SiCorp trading as the Home Building Compensation Fund (HBCF), the insurer who administers and underwrites insurance under the HBCF (formerly known as Home Owners Warran…
Read more →Strata, Building Defects, Construction, Contracts, Home Owners Warranty, Public Liability
Posted 09 April 2015
Construction entails many risks to a builder by virtue of its occupation, control and/or ownership of the site. The risks include personal injury or death to persons and damage or destruction of prope…
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Posted 11 February 2015
Home warranty insurance remains one of the most complex liability products on the market to deal with due to the constant interplay with legislative reform, some of which is retrospective and some of …
Read more →Home Owners Warranty, Residential Building Works
Posted 06 March 2014
Home warranty insurers in NSW have paid out over $400 million since 2002. Premiums would have been only a fraction of that. It is a small wonder that private insurers want out, and that for the forese…
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Posted 05 December 2012
Due to tough economic times for the construction industry, the number of home owners warranty insurance claims for incomplete works has dramatically increased. The amendment to the Home Building Re…
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Posted 23 June 2010
Clarification of excess for a common property HOW claim. …
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