The commercial auto insurance market has been challenging for insurers and insureds for the past few years. Various factors have led to difficult market conditions.…
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…
Savvy employers should keep abreast of the latest developments, technologies and best practices within their industries to stay one step ahead of the competition. As…
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…
*This post is from CMB partner Finuity Wealth. Find out more about group benefit solutions here. As 2025 begins, staying ahead of employee benefits trends…
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…
Distracted driving refers to any activity that diverts a driver’s attention away from the primary task of operating their vehicle. It poses significant risks not…
Artificial intelligence (AI) has made its way into many workplaces and is rapidly changing how organizations operate and make decisions. AI’s ability to enhance processes,…
When a cyber incident strikes, employers must act quickly and decisively to manage the fallout, safeguard their operations, and mitigate further losses. Navigating the claims…
Workplace celebrations provide an excellent opportunity for employees to network and socialize with their co-workers in a fun environment. However, work-related parties and events present…
Technology continues evolving rapidly, and many organizations struggle to keep pace. Maintaining adequate workforce digital skills is imperative for organizations of all types and sizes as technology develops. Yet,…
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…
Organizations are increasingly utilizing artificial intelligence (AI) in employment-related decisions. Although AI technology can offer several benefits (e.g., improved efficiency, objectivity and decision-making), it also…
*This post is from CMB partner Finuity Wealth. Find out more about group benefit solutions here. How Health Spending Accounts Work A Health Spending Account…
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…
Viruses that cause respiratory disease usually circulate more heavily in fall and winter. While influenza (flu) and other illnesses are common and occur each year,…
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…
$68,000 Equipment Maintenance Violation A steelworks company was fined $68,000 after pleading guilty to a violation that resulted in an employee suffering critical injuries. The…
The construction industry is continuously moving toward digitization, adopting advanced technology such as artificial intelligence, the Internet of Things (IoT) and Building Information Modelling software.…
Evolving technology has significantly benefited organizations across industries, and the trucking sector is no exception. Communications and transport logistics can now be integrated through single…
*This post is from CMB partner Finuity Wealth. Find out more about group benefit solutions here. For business owners, protecting the future of their company…
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.…
Loneliness is a pressing issue for employers, especially now that remote working practices are commonplace. Loneliness is an unpleasant emotional response to how individuals perceive…
Cyberattacks can impact a company in numerous ways. They can create significant financial losses through fines, lawsuits and business interruptions, and they can cause reputational…
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…
*This post is from CMB partner Finuity Wealth. Find out more about group benefit solutions here. Revisiting Your Group Benefits Plan Group insurance renewal is…
Tenant insurance, often called renters insurance, is a policy designed to protect you from financial losses related to your personal belongings and liability when renting…
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…
*This post is from CMB partner Finuity Wealth. Find out more about group benefit solutions here. As competition for top talent intensifies and the economic…
$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…