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Factors That Affect Your Homeowners Insurance Premiums
Homeowners insurance sometimes feels like just another item in a long list of regular expenses. But understanding the various factors that go into determining your premiums can help you make more informed decisions—and possibly uncover ways to reduce costs without sacrificing essential coverage. How Are My Homeowners Insurance Rates Determined? Insurance carriers assess multiple criteria…
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Preventing Employment Practices Liability Claims
Any organization with employees is vulnerable to claims of wrongful employment practices, which can result in costly litigation, reputational harm and financial losses. Employment practices liability claims can occur when a current, former or prospective employee believes their workplace rights have been violated. Examples include discrimination based on a protected class, sexual harassment, wrongful termination…
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Mitigating Cybersecurity Risks in Manufacturing
Although technological advancements in the manufacturing industry provide several benefits, they also present cybersecurity exposures. The expanded use of digital tools such as artificial intelligence (AI), digital sales platforms, and smart machinery broadens the attack surface for cybercriminals, and resulting cyberattacks can cause significant business disruptions, reputational damage and financial losses. Robust cybersecurity measures are…
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Understanding and Preventing Zero-click Attacks
Many types of cyberattacks involve manipulating users into performing specific tasks—such as sharing login credentials, downloading malicious attachments, or clicking on harmful links—to help hackers compromise their systems or data. However, some incidents can be launched without these exchanges. In particular, zero-click attacks involve hackers exploiting software flaws in users’ devices or applications to deploy…
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Navigating Insurance: Trends & Tips for 2025
In today’s evolving insurance landscape, staying informed is the key to controlling costs, improving coverage, and gaining a competitive edge. With shifting market conditions and emerging risks impacting everything from property to cyber security, it’s critical to understand how current trends can affect your business or personal coverage. We’ve compiled the latest insights across 12 key insurance categories, highlighting…
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Ensuring Eye Safety at Work
Eye injuries, ranging from minor irritation to significant vision loss, occur in workplaces across Canada. However, most eye injuries are preventable with the proper protective measures and equipment. Understanding the specific eye risks you could face—and the precautions you can take to minimize them—is essential for ensuring your safety at work. Top Causes of Eye…
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Standalone vs Shared Interest Critical Illness Insurance: Which One Fits Your Business?
*This post is from CMB partner Finuity Wealth. Find out more about group benefit solutions here. Critical illness insurance is a valuable tool for protecting your business and your team from the financial impact of serious health events. However, not all policies are structured the same way. For business owners looking to offer coverage for themselves…
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Benefits of Cybersecurity Awareness Programs
Cybersecurity awareness programs offer informative training sessions on cyber threats and best cybersecurity practices. These programs aim to educate employees and organizations about the importance of maintaining a secure online environment and the potential risks associated with cyberattacks. These programs can offer several benefits to organizations, such as: When implementing cybersecurity awareness programs, organizations should…
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Preventing Water Damage in Commercial Properties
Water damage in commercial properties can occur from various sources and situations, including plumbing failures, roof leaks, flooding, sewer line backups, industrial system failures, poor drainage, inadequate waterproofing and climate control system issues. Unfortunately, water damage within commercial properties can lead to expensive repairs (e.g., replacing damaged equipment and addressing structural issues), business interruptions (e.g.,…
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Are You Covered in the Event of a Wildfire?
Wildfires can spread fast, cause harm and destroy homes. Your home is likely to be your biggest asset, and it’s essential to safeguard it. Proper insurance protection can help you rebuild your home and replace your belongings following a wildfire. Here are five tips you should follow to make sure you’re protected against wildfires: Every…
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Key Benefits of Business Continuity Planning
Various unexpected disasters can impact your organization, its stakeholders, and its operations. Events such as natural disasters, cyberattacks, public health crises, and supply chain incidents can have severe consequences. These emergencies can damage commercial property and digital assets, disrupt critical business functions and cause prolonged operational downtime. They can also result in severe illnesses or…
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Mitigating VPN Vulnerabilities
A virtual private network (VPN) is a type of technology that uses an encrypted connection to route internet traffic through a remote server, granting a user access to certain digital services while masking their online activity. Connecting to a VPN establishes a secure tunnel between a user’s device and the internet, making it appear as…
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Near Misses: Why Reporting Close Calls Matters
In every workplace, there are moments when something almost goes wrong—a forklift tips but doesn’t fall, a machine sparks but causes no harm, or a worker slips but catches themselves. These are known as near misses. While they may not result in injury or damage, they are powerful indicators that an organization’s operations, safety procedures…
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Been impacted by a flooding event? What’s next?
The immediate aftermath of a flooding event can be overwhelming, and knowing where to turn can be difficult. We are here to help. The following guidance outlines essential information to help you navigate the recovery process. Insurance Tips Personal Safety Guidance Weather Alerts Disaster Assistance Recovery Resources Knowing where to go for help and what…
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Critical Illness vs. Disability Insurance: What’s Right for You?
*This post is from CMB partner Finuity Wealth. Find out more about group benefit solutions here. When it comes to protecting your financial future, many Canadians assume that either disability insurance or critical illness insurance will do the job. In reality, they serve very different purposes. Understanding the difference—and why you might need both—is key to…
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Insurance Essentials for Roofing Contractors
As a roofing contractor, you know that no two days on the job are the same—whether you’re repairing a leak, installing a new roof system, or replacing damaged materials after a storm. You work at heights, handle specialized equipment, and face unpredictable conditions, all while managing a business and a team. That’s why having the…
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Insurance Basics Every Plumbing Contractor Should Know
As a plumbing contractor, your job goes beyond fixing leaks and unclogging drains—you’re running a business that depends on tools, vehicles, people, and strong client relationships. Whether you’re working on new installations, troubleshooting plumbing systems, or handling emergencies, your work involves risks that could impact your operations and income. From damaged tools to job site…
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Protecting Your Electrical Contracting Business: What You Need to Know
As an electrical contractor, your work involves everything from installing and maintaining wiring and lighting systems to troubleshooting and repairing electrical equipment. Whether you’re on residential jobs, commercial projects, or working in office buildings and homes, your day-to-day responsibilities come with real risks. That’s why it’s important to understand the exposures your business faces—and what…
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IoT Sensors and Reducing Commercial Property Claims
The Internet of Things (IoT) refers to a network of devices (e.g., sensors, actuators and trackers) equipped with advanced software and processing capabilities that can connect and exchange information. This technology can provide a wide range of benefits to businesses, including enhancing organizations’ visibility of their commercial properties and allowing them to spot and address…
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Been Impacted by a Wildfire? What’s Next?
The immediate aftermath of a wildfire can be overwhelming. We are here to help. The following guidance outlines essential information to help you navigate the recovery process. Insurance Tips Personal Safety Guidance Additional Recovery Tips Disaster Assistance Recovery Resources Knowing where to go for help and what to tackle first can be challenging in the…
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Wildfire Smoke Safety
Wildfires can have devastating impacts on affected communities. Even after the flames subside, these fires can leave behind lasting safety risks. The smoke generated by wildfires can linger in the air for weeks or months, making nearby individuals susceptible to inhaling a range of toxic compounds, including carbon monoxide, hydrocarbons, benzene, acrolein, aldehydes, and particulate…
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Vacant Property Risks
Vacant construction sites face the risks of theft, trespassing, fires and other hazards. Potential losses might include the value of damaged or stolen materials, the liability of an individual being injured on the property, and the costs of organizational disruptions if an essential piece of equipment is vandalized or taken. The insurance risks and liabilities…
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Mitigating the Risks of Formjacking
As businesses increasingly rely on online transactions, cybercriminals have developed a scheme to exploit this process and steal sensitive information. This growing cyberthreat, known as formjacking, poses significant risks to businesses; it is difficult to prevent and can lead to major financial losses and reputational damage. Formjacking is a cyberattack method in which a threat…