Crawford flag: Tungatinah’s biggest costs may be site clearance and replacement power, not the shell
Photo: Tasmanian Archive and Heritage Office (no known copyright restrictions), via Wikimedia Commons
With the accidental-cause finding clearing the path to demolition, adjusters warn that debris-removal/remediation sub-limits and increased-cost-of-working / indemnity-period settings — often rolled forward and indexed — are where 1950s industrial generation claims break. Risk managers should stress-test declared values against asbestos-era demolition and multi-month substitute generation, not only modern-equivalent rebuild cost. | Source: https://www.insurancebusinessmag.com/au/news/construction/industrial-sums-insured-fall-short-on-site-clearance-589411.aspx