News

Met Eireann Report 50mm Rainfall in a three hour period in Cork City and surrounding areas during early hours of Thursday 28th June 2012.

Recent figures suggest that we are approaching “Celtic Tiger” levels of construction costs. Sum insured levels need to be reviewed accordingly to avoid penalties or proportional reductions for under-insurance.

Again reference to no deductions for wear and tear provided the premises has been maintained in good repair and repairs are carried out without delay.

General file notes in the context of CPD Presentation given by Alan FitzGerald to a number of Insurers and Brokers from October 2011 to May 2012.

I am honoured to be the President of the Insurance Institute of Cork but when first faced with the prospect, my mind went back to 1974 when as a 12 year old, soccer and “Life on Mars” by David Bowie were the only things that interested me.

The most recent edition of Claims Professional (CILA) contained a very interesting article on a case involving damage to the premises of an Internet Provider who provided a web based facility for the Policyholder.