CMB Insurance Blog
-
Main Takeaways From the Federal Budget 2024
Read more: Main Takeaways From the Federal Budget 2024On Tuesday, April 16, Finance Minister and Deputy Prime Minister Chrystia Freeland delivered her 2024 federal budget to the House of Commons. Entitled “Fairness for…
-
Mitigating the Risks of Formjacking
Read more: Mitigating the Risks of FormjackingFormjacking is a cyberattack in which a threat actor injects malicious JavaScript into a website, often one that contains an online payment form. Once the…
-
Retail Business Insurance: Safeguarding Your Investment
Read more: Retail Business Insurance: Safeguarding Your InvestmentRetail Business Insurance is essential to protect your products and investment in the fast-paced retail industry. It is not just a precaution but a necessary…
-
The Necessity of Safety Orientations During New Employee Onboarding
Read more: The Necessity of Safety Orientations During New Employee OnboardingEmployers in all industries need to take steps to make the workplace a safe environment. Conducting safety orientations during onboarding for new employees can help…
-
Employee Benefits Trends
Read more: Employee Benefits Trends*This post is from CMB partner Finuity Wealth. Find out more about group benefit solutions here. Evolving Benefits: Shaping the Future of Workplace Wellness Alberta’s…
-
5 Ways to Reduce Workplace Stress
Read more: 5 Ways to Reduce Workplace StressIn today’s fast-paced world, it’s common to feel overwhelmed, and a demanding work schedule is one factor that may significantly increase stress levels. According to…
-
Debunking 5 Common Cybersecurity Myths
Read more: Debunking 5 Common Cybersecurity MythsAlso known as IT security, cybersecurity refers to safeguarding internet-connected systems, critical data, and other digital assets from potential cyberthreats. These threats may exploit sensitive…
-
Protecting Unoccupied and Vacant Buildings
Read more: Protecting Unoccupied and Vacant BuildingsUnoccupied and vacant buildings present several unique exposures, including elevated concerns related to criminal activities, water and fire damage, maintenance issues, and damage to inventory…
-
The Impact of AI on the Cyberthreat Landscape
Read more: The Impact of AI on the Cyberthreat LandscapeThe rapid growth of artificial intelligence (AI) is reshaping industries and revolutionizing how people live and work. Its potential to propel scientific advances and bolster…
-
Ensuring Ladder Safety
Read more: Ensuring Ladder SafetyMarch is National Ladder Safety Month. This annual campaign aims to raise awareness of the importance of ladder safety and encourage individuals and organizations to…
-
Asset Utilization and Fixed Costs in Transportation
Read more: Asset Utilization and Fixed Costs in Transportation*This post is from CMB partner Essex Lease. Visit them for flexible lending solutions. The transportation industry covers many areas, including trucking, the movement of goods,…
-
What are Surety Bonds? An Essential Overview
Read more: What are Surety Bonds? An Essential OverviewNavigating Surety Obligations Understanding sureties is crucial for navigating financial agreements and obligations within the Canadian construction industry. A surety provides a formal assurance that…
-
Maximizing Retirement Savings with Individual Pension Plans
Read more: Maximizing Retirement Savings with Individual Pension Plans*This post is from CMB partner Finuity Wealth. Find out more about group benefit solutions here. For entrepreneurs and corporate executives in Canada, the landscape…
-
Deepfake Scammers Con Company Out of Over $34 Million
Read more: Deepfake Scammers Con Company Out of Over $34 MillionAt a briefing on Friday, Feb. 2, 2024, Hong Kong police revealed that a recent cyber incident involving deepfake technology resulted in a finance professional…
-
5 Steps to Prepare for a Future With AI
Read more: 5 Steps to Prepare for a Future With AIArtificial intelligence (AI) has made its way into many workplaces and is rapidly changing how organizations operate and make decisions. With its advancement, AI’s ability…
-
Federal Government Announces Funding to Combat Auto Theft
Read more: Federal Government Announces Funding to Combat Auto TheftOn Feb. 21, 2024, the Government of Canada announced a federal investment of $15 million to support law enforcement agencies’ work to combat auto theft.…
-
Small Business Trends for 2024
Read more: Small Business Trends for 20242023 was a year of significant challenges for businesses, especially for small and medium-sized enterprises (SMEs) in Canada. Supply chain disruptions, inflationary pressures, and recruitment…
-
Ransomware Payments Hit Record High in 2023
Read more: Ransomware Payments Hit Record High in 2023In 2023, ransomware payments reached an unprecedented peak, with businesses paying over $1 billion USD to cybercriminals. This alarming statistic, reported by Chainalysis, underscores a…
-
Understanding the Cybersecurity Risks of QR Codes
Read more: Understanding the Cybersecurity Risks of QR CodesQuick response (QR) codes are a popular marketing, sales, payment and customer service tool for several businesses. However, as QR codes have become more prevalent,…
-
The Case for DEIB Programs
Read more: The Case for DEIB ProgramsEmployers face many overlapping workplace challenges, including attraction and retention, workplace culture, employee productivity and more. Today, many employers are exploring diversity, equity, inclusion and…
-
New Vs. Used in Trucking — Can My Business Support My Asset Payments?
Read more: New Vs. Used in Trucking — Can My Business Support My Asset Payments?*This post is from CMB partner Essex Lease. Visit them for flexible lending solutions. For any kind of business growth, you’re going to need working capital…
-
Making a Plan for Product Recalls
Read more: Making a Plan for Product RecallsAs a manufacturer, your customers expect you to have safe and reliable products. You may do everything in your power to ensure your goods are…
-
Costs Associated With Cyberattacks Doubled in 2023, Report Found
Read more: Costs Associated With Cyberattacks Doubled in 2023, Report FoundMore than half of organizations suffered a cyberattack or breach that prevented data access in 2023, and IT disruption has become commonplace, according to Dell…
-
Attracting and Retaining Truck Drivers Amid Labour Shortages
Read more: Attracting and Retaining Truck Drivers Amid Labour ShortagesCommercial fleets require a workforce of loyal, qualified drivers to succeed. However, significant driver shortages in the trucking industry have made workforce stability difficult. According…
-
The 2024 Canadian Insurance Market
Read more: The 2024 Canadian Insurance MarketAs a Canadian consumer, it’s important to be aware of the trends and challenges shaping the insurance market in 2024. Let’s take a closer look…
-
2024 Commercial Auto Insurance Market Outlook
Read more: 2024 Commercial Auto Insurance Market OutlookThe auto insurance market has experienced a tumultuous few years. COVID-19-induced production challenges, supply chain disruptions and inflationary pressures have led to hardening conditions and…
-
Key Person Life Insurance: Essential Protection
Read more: Key Person Life Insurance: Essential Protection*This post is from CMB partner Finuity Wealth. Find out more about group benefit solutions here. The Essential Role of Key Person Insurance Key person…
-
Tailgating and Piggybacking Explained
Read more: Tailgating and Piggybacking ExplainedTailgating and piggybacking are low-tech tactics used by malicious actors to access restricted areas. They occur when an unauthorized individual gains physical access to a…
-
Considerations for Implementing an Effective Financial Wellness Program
Read more: Considerations for Implementing an Effective Financial Wellness ProgramHigh inflation has contributed to employees’ financial stress, as many struggle to navigate higher prices, uneven wage growth and credit card debt. According to debt…
-
Snow Shovelling Safety Tips
Read more: Snow Shovelling Safety TipsAlthough shovelling snow on the job can help clear pathways and prevent ice buildup, this task comes with serious safety risks. After all, repeated shovelling…
-
Checklist for Diversity, Equity, Inclusion and Belonging Programs
Read more: Checklist for Diversity, Equity, Inclusion and Belonging ProgramsEmployers often use diversity, equity, inclusion and belonging (DEIB) programs to tap into the strengths of their current and future workforces. An employer’s specific business…
-
Leveraging Data Analytics to Inform Business Decisions
Read more: Leveraging Data Analytics to Inform Business DecisionsData analytics refers to gathering, analyzing and interpreting data, and it’s becoming a critical component for business success. Specifically, leveraging data can help organizations obtain…
-
Removing Unconscious Bias from Hiring Practices
Read more: Removing Unconscious Bias from Hiring PracticesOrganizations may shape recruitment decisions based on race, gender or age without realizing they are vetting candidates this way, a form of unconscious bias. In…
-
Business Energy Saving Tips
Read more: Business Energy Saving TipsIt’s prudent for organizations to scrutinize their energy consumption to determine where they can make savings. As well as freeing up additional funds to use…
-
Common Social Engineering Tactics to Watch For
Read more: Common Social Engineering Tactics to Watch ForSocial engineering refers to a cyberattack method in which a cybercriminal preys on key human behaviours (e.g., trust of authority, fear of conflict and promise…
-
The Business Case for Wellness: 10 Key Benefits
Read more: The Business Case for Wellness: 10 Key Benefits*This post is from CMB partner Finuity Wealth. Find out more about group benefit solutions here. Inspired by insights from Indeed and Wellable In today’s…
-
Deepening Risk Understanding Through Data Analytics
Read more: Deepening Risk Understanding Through Data AnalyticsIn today’s fast-paced business environment, understanding and mitigating risks is crucial for long-term success. Data analytics plays a pivotal role in enhancing this understanding, offering…
-
At What Temperature Do Pipes Freeze in Canada?
Read more: At What Temperature Do Pipes Freeze in Canada?In Canada, where winters can be extremely harsh, it’s crucial for homeowners to prepare their plumbing systems for the cold. This not only prevents inconvenience…
-
Promoting Winter Wellness in the Workplace
Read more: Promoting Winter Wellness in the WorkplaceWinter months often bring an uptick in illnesses, with flu season peaking and colds more prevalent. COVID-19 and respiratory syncytial virus (RSV) also add to…
-
Prioritize Safety Over the Holidays
Read more: Prioritize Safety Over the HolidaysEnsuring a Secure and Joyful Season Safety While Travelling The holiday season is a bustling time, with many Canadians travelling to meet family or enjoy…