Distracted driving can be a significant risk for companies that operate vehicles, whether for deliveries, sales visits or transportation services. Even a momentary lapse in…
Poorly maintained commercial premises could lead to employee and visitor accidents, increasing a business’s chances of litigation and damaging its reputation. Moreover, poorly maintained buildings…
Becoming an environmentally conscious employer is an increasingly important factor for business success. Not only can adopting sustainable practices help organizations reduce their carbon footprint…
Distracted driving is one of the leading causes of vehicle accidents, posing significant risks to both individuals and businesses. Studies from the Canadian Automobile Association…
Since organizations rely heavily on email to communicate and conduct business operations, cybercriminals commonly target email as an entry point to access networks and breach…
Insured losses stemming from the record-breaking hailstorm that hit Calgary in August 2024 continue to rise. The insured losses resulting from the event, which is…
Theft and vandalism pose significant risks to small businesses across all industries. These incidents can lead to financial losses, property damage and operational disruptions. This…
The Challenge: Market Disruptions and Uncertainty Economic shifts, tariff risks, inflation, and evolving threats like cybercrime and extreme weather continue to create uncertainty for businesses.…
The reinsurance market stabilized in 2024 due to several factors, including significant growth in catastrophe bonds, which increased available capacity. This greater access to reinsurance…
Cloud-related threats were the number one cybersecurity concern among businesses in the PricewaterhouseCoopers International Limited’s 2024 Global Digital Trust Insights Survey. Cloud computing refers to…
Database company Statista reported that the average cost of a data breach in Canada in 2024 was $4.66 million. Evaluating backup and recovery plans is…
If a fire occurs at a commercial property, time is of the essence to keep it under control. Therefore, having measures in place to slow…
Continuity is critical in business, and there are few things more important than continuous revenue and cash flow, particularly for small to medium-sized organizations. In…
Businesses of all sizes across industries face various risks that can lead to significant financial losses. To mitigate these exposures, business owners secure insurance for…
Driving for work is a high-risk activity. Company drivers are exposed to several risks, including difficult driving conditions and driver fatigue, which could cause road…
Multifactor authentication (MFA) is an integral component of cybersecurity. Requiring additional steps to access data makes information more secure and more challenging to steal. However,…
Owners and managers of commercial property must maintain safe conditions for employees and occupants. During winter, walkways, stairs, driveways, interior roadways and parking lots become…
Consumers have come to expect ample choice, instant shipping and ultrafast delivery, making a smooth supply chain critical. However, the fragile nature of supply chains…
Construction businesses are at a heightened risk of jobsite theft, as expensive tools and machinery are attractive targets for criminals. Theft of construction materials can…
Without proper precautions in place, businesses may encounter severe commercial property damage at the hands of extreme winter weather. Fortunately, businesses can prepare their properties…
The impact of extreme winter weather events on businesses can be devasting, resulting in significant commercial building and vehicle damage; lost production, sales, income and…
Severe thunderstorms can cause injuries, infrastructure damage and significant financial losses for businesses and their commercial properties. Often accompanied by hail, flooding, strong winds, lightning…
October is National Cybersecurity Awareness Month. During this annual event, government and industry leaders worldwide come together to raise awareness about the importance of cybersecurity.…
Although the property damage, injuries and business interruptions directly caused by natural disasters often receive significant attention, businesses face risks even after these weather events…
Businesses of all sizes are susceptible to cyberattacks such as phishing scams, malware attacks and ransomware schemes, which can create significant financial loss and lead…
Submitted insurance claims hit a record high following several significant natural disasters over four weeks during summer in a season that was the “most challenging…
Despite efforts to hire trustworthy employees and implement robust security measures to prevent external fraud, criminal activities may still occur. Whether a deceitful employee embezzles…
The cyber risk landscape is constantly evolving, with cybercriminals quick to exploit emerging technologies for malicious purposes. In response, businesses are exploring innovative methods to…
$70,000 Poisonous Gas Exposure Violation A flooring company was fined $70,000 after pleading guilty to a violation that resulted in an employee suffering from carbon…
A recent State of the Wildfires report has found that unprecedented wildfires between March 2023 and February 2024 in Canada, Greece and parts of the…
Property owners and managers must protect commercial buildings and structures and minimize potential losses. Infrared thermography is a valuable resource for accomplishing these goals. It…
On July 16, 2024, intense flash floods hit southern Ontario, leaving drivers stranded, homes and businesses flooded, and thousands without power. Although it’s too early…
Numerous traffic accidents are linked to driving while distracted. The chances of an accident drastically increase any time a driver reaches for an object or…
Although solar panels can provide significant financial, environmental and reputational benefits, they can present various risks and be susceptible to damage from several sources. Installing…
Vandalism poses a risk to nearly every business and its properties. Vandalism is the intentional marking, defacement or destruction of property. Vandalism of a business…
How organizations respond to cyber incidents can make or break their financial and reputational stability. In the event of a poor response, organizations may encounter…
The world of insurance can be complex and confusing, especially for newcomers. When it comes to purchasing insurance, you have two main options: buying directly…
Fires can devastate small businesses, causing property damage, loss of inventory, disruptions in operations, and even endangering the lives of customers and employees. However, many…
Many everyday materials used in manufacturing processes create dust that, under certain conditions, could result in a catastrophic explosion. Combustible dusts include sugar, flour, wood,…
Organizations need to have effective protocols to help minimize the likelihood of water damage affecting their assets and operations. Water damage can stem from various sources and…