CMB Insurance Blog
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9 Controls to Know This Cybersecurity Awareness Month
Read more: 9 Controls to Know This Cybersecurity Awareness MonthOctober is National Cybersecurity Awareness Month. During this annual event, government and industry leaders worldwide come together to raise awareness about the importance of cybersecurity.…
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Combatting Workplace Loneliness
Read more: Combatting Workplace LonelinessLoneliness is a pressing issue for employers, especially now that remote working practices are commonplace. Loneliness is an unpleasant emotional response to how individuals perceive…
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Understanding Cybercriminals: Motivations, Methods and Protection Strategies
Read more: Understanding Cybercriminals: Motivations, Methods and Protection StrategiesCyberattacks can impact a company in numerous ways. They can create significant financial losses through fines, lawsuits and business interruptions, and they can cause reputational…
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Responding to Environmental Risks Following Natural Disasters
Read more: Responding to Environmental Risks Following Natural DisastersAlthough the property damage, injuries and business interruptions directly caused by natural disasters often receive significant attention, businesses face risks even after these weather events…
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Key Considerations for a Smooth Group Insurance Renewal
Read more: Key Considerations for a Smooth Group Insurance Renewal*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…
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What is Tenant Insurance?
Read more: What is Tenant Insurance?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…
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Cybersecurity Awareness Programs: Benefits and Implementation
Read more: Cybersecurity Awareness Programs: Benefits and ImplementationBusinesses of all sizes are susceptible to cyberattacks such as phishing scams, malware attacks and ransomware schemes, which can create significant financial loss and lead…
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Four Summer Disasters Led to Record Number of Insurance Claims
Read more: Four Summer Disasters Led to Record Number of Insurance ClaimsSubmitted insurance claims hit a record high following several significant natural disasters over four weeks during summer in a season that was the “most challenging…
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The Value of Commercial Crime Insurance
Read more: The Value of Commercial Crime InsuranceDespite efforts to hire trustworthy employees and implement robust security measures to prevent external fraud, criminal activities may still occur. Whether a deceitful employee embezzles…
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Managed Detection and Response Explained
Read more: Managed Detection and Response ExplainedThe cyber risk landscape is constantly evolving, with cybercriminals quick to exploit emerging technologies for malicious purposes. In response, businesses are exploring innovative methods to…
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Must-Have Benefits Companies are Adding and Improving in 2024
Read more: Must-Have Benefits Companies are Adding and Improving in 2024*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…
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OHS Prosecution Case Study: Flooring Company Fined After Employee Exposed to Carbon Monoxide
Read more: OHS Prosecution Case Study: Flooring Company Fined After Employee Exposed to Carbon Monoxide$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…
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Wildfires 3 Times More Likely in Canada Due to Climate Change, Report Finds
Read more: Wildfires 3 Times More Likely in Canada Due to Climate Change, Report FindsA recent State of the Wildfires report has found that unprecedented wildfires between March 2023 and February 2024 in Canada, Greece and parts of the…
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Using Infrared Thermography to Prevent Property Losses
Read more: Using Infrared Thermography to Prevent Property LossesProperty owners and managers must protect commercial buildings and structures and minimize potential losses. Infrared thermography is a valuable resource for accomplishing these goals. It…
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Navigating the Transition to an EV Fleet
Read more: Navigating the Transition to an EV FleetSeveral businesses have already begun replacing their internal combustion engine (ICE)-powered fleets with electric vehicles (EVs) to reduce their carbon footprint. Although transitioning to EVs…
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The Influence of Social Media on Cyber Security
Read more: The Influence of Social Media on Cyber SecuritySocial media is an essential marketing strategy for increasing brand awareness and connecting with consumers. However, using social networks increases an organization’s cyber risks. Furthermore,…
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Preventing Slips, Trips and Falls on Construction Sites
Read more: Preventing Slips, Trips and Falls on Construction SitesAs an employer in the construction industry, your role in preventing slips, trips, and falls is crucial. These accidents are all too common, with approximately…
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Damages From Ontario Flash Floods Could Top $1 Billion
Read more: Damages From Ontario Flash Floods Could Top $1 BillionOn 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…
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Defending AI Systems From Malicious Data Poisoning Attacks
Read more: Defending AI Systems From Malicious Data Poisoning AttacksAs the use of artificial intelligence (AI) and machine learning (ML) continues to grow, businesses that utilize these technologies must also be aware of cybercriminals’…
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Addressing Workforce Mental Health in the Manufacturing Industry
Read more: Addressing Workforce Mental Health in the Manufacturing IndustryEmployee mental health is a growing concern for employers across sectors. In fact, almost half (46%) of employees reported at least one work-related mental health…
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CrowdStrike, the Most Important Cyber Accumulation Loss Event Since NotPetya, Highlights Single Points of Failure
Read more: CrowdStrike, the Most Important Cyber Accumulation Loss Event Since NotPetya, Highlights Single Points of FailureIn what is being called “the most important cyber accumulation loss event since NotPetya,” the July 19, 2024, global technology outage will produce scores of…
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Best Practices for Combatting Trucking Bottlenecks
Read more: Best Practices for Combatting Trucking BottlenecksCanada has experienced significant population and economic growth over the past decade. Consequently, road congestion has increased, particularly in urban areas, creating delays for freight…
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Common Employee Communication Mistakes to Avoid
Read more: Common Employee Communication Mistakes to AvoidEffective communication is crucial to fostering a positive relationship between employers and employees. It can show employees they’re valued and heard, improving employee satisfaction and…
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OHS Prosecution Case Study: $80,000 Working-From-Height Violation
Read more: OHS Prosecution Case Study: $80,000 Working-From-Height ViolationConstruction Contractor Fined $80,000 After Two Workers Fall From Platform A construction company was fined $80,000 after two employees were injured in a working-from-height incident.…
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Mitigating Insider Threats
Read more: Mitigating Insider ThreatsAn insider threat refers to an individual entrusted with access to or knowledge of an organization’s operational components, personnel, physical assets, networks, systems or technology.…
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What is Cyber Insurance: a Guide for Business
Read more: What is Cyber Insurance: a Guide for BusinessCyber insurance, also referred to as cybersecurity insurance or cyber risk insurance, is a form of protection aimed at assisting organizations in managing risk exposure…
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Surviving the Summer Heat
Read more: Surviving the Summer HeatSummer brings longer days and plenty of sunshine, but it comes with the challenge of staying cool amid soaring temperatures. The sweltering heat can lead…
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Mitigating Workplace Violence
Read more: Mitigating Workplace ViolenceViolence in the workplace is a serious health and safety issue. Whether violent incidents come from current or former employees, unknown assailants, or as a…
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Cyber Insurance Claims Hit Record High in 2023, Report Finds
Read more: Cyber Insurance Claims Hit Record High in 2023, Report FindsCyber insurance claims in North America reached record levels in 2023, according to a report by insurance broker Marsh.Specifically, March received more than 1,800 cyber…
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Auto Theft Claims Costs Hit $1.5 Billion in 2023
Read more: Auto Theft Claims Costs Hit $1.5 Billion in 2023Recent data from the Insurance Bureau of Canada (IBC) found that auto theft remains a significant problem across Canada. On Feb. 21, 2024, the Government…
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10 Mental Health Boosting Habits
Read more: 10 Mental Health Boosting HabitsAmid the hustle and bustle of everyday life, mental health can be a critical concern for many Canadians. Mental health plays a massive role in…
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Preventing Carbon Monoxide Poisoning in Businesses
Read more: Preventing Carbon Monoxide Poisoning in BusinessesCarbon monoxide (CO), a colourless, tasteless and odourless poisonous gas, is a byproduct of the incomplete burning of carbon-containing material. This gas can quickly accumulate…
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5 Components of an Effective Distracted Driving Policy
Read more: 5 Components of an Effective Distracted Driving PolicyNumerous traffic accidents are linked to driving while distracted. The chances of an accident drastically increase any time a driver reaches for an object or…
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5 Business Cybersecurity Risks to Know
Read more: 5 Business Cybersecurity Risks to KnowCyber breaches can result in financial losses, regulatory penalties and reputational damage, significantly impacting an organization’s ability to do business. Fortunately, developing a comprehensive cybersecurity…
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Securing Your Future: The Power of Corporate Insured Retirement Plans
Read more: Securing Your Future: The Power of Corporate Insured Retirement Plans*This post is from CMB partner Finuity Wealth. Find out more about group benefit solutions here. In the dynamic business world, securing the future is…
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Benefits and Risks of Rooftop Solar Panels for Commercial Properties
Read more: Benefits and Risks of Rooftop Solar Panels for Commercial PropertiesAlthough solar panels can provide significant financial, environmental and reputational benefits, they can present various risks and be susceptible to damage from several sources. Installing…
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A Spate of Cyberattacks Across Canada Underscores the Need for Robust Cyber Defences
Read more: A Spate of Cyberattacks Across Canada Underscores the Need for Robust Cyber DefencesSeveral British Columbia (BC) libraries have been targeted by a ransomware attack, underscoring the importance of cyber hygiene measures for all types of organizations. On…
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Factors That Affect Your Car Insurance Premium
Read more: Factors That Affect Your Car Insurance PremiumIf you’ve ever wondered why your auto insurance premium differs from what your family and friends pay, it’s because auto insurance policies are not one-size-fits-all.…
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Protecting Businesses From Vandalism
Read more: Protecting Businesses From VandalismVandalism poses a risk to nearly every business and its properties. Vandalism is the intentional marking, defacement or destruction of property. Vandalism of a business…
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Distracted Driving Prevention Tips
Read more: Distracted Driving Prevention TipsIf your job requires you to operate a company vehicle—whether a car, passenger van, large truck or bus—it’s crucial to stay focused behind the wheel…