HIH leaves thousands uncovered

Property owners and small businesses insured with HIH have been left without cover for public liability claims after the collapse of the insurer.

HIH's receiver KPMG says that while most of the insurance businesses of HIH have been picked up by others and existing policies honoured, those with HIH, FAI or CIC public liability cover for accidents happening in home units, shops and other public-access buildings are now not insured.

Those who hold such policies should see their insurance adviser immediately or seek alternative cover themselves.

Daily Telegraph, p2 3/4/01.