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Category: Strata Insurance

Adjusting Managing Agent’s Fees For Lost Insurance Commissions

Strata Insurance

Posted 07 August 2014

It has become common for strata managing agents to receive commissions from insurers in relation to insurance business written on behalf of their owners corporation clients. In fact, most strata manag…

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Recovering Legal Defence Costs

Strata Insurance

Posted 07 May 2014

Introduction The recovery of legal defence costs is something that is often overlooked because of the emphasis on dealing with the claim or defence rather than what happens afterwards. The right to…

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New Privacy Laws

Strata Insurance

Posted 20 March 2014

The Privacy Amendment (Enhancing Privacy Protection) Act 2012 and Privacy Regulation 2013 both commenced on 12 March 2014. They represent the most significant changes in the legislation since it was f…

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Can I claim a Loss or Rent from the Owners Corporation, CHU or SUU?

Building Defects, Strata Insurance

Posted 22 October 2013

Up until recently lot owners routinely claimed for any loss of rent suffered by them, due to a breach by the owners corporation of section 62 of the Strata Schemes Management Act 1996 to maintain and …

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CHU and SUU Special Benefits – Legal defence costs

Strata Insurance

Posted 02 March 2012

CHU and Strata Unit Underwriters (SUU) provide legal defence cover for defending claims from third parties (like owners or contractors) in addition to the cover provided for legal expenses for the mor…

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