Insurance news and information from Canadian Broker Network – Fall 2021 Canada’s property casualty insurance market has been caught in a hard market cycle for a few years and, even though COVID-19 has amplified a multitude of issues for the industry and insurance...
NEWS & INFORMATION
Top Tips for Safer Winter Driving
Road safety is always important, but it becomes crucial when winter takes effect. Snow, icy roads and unpredictable weather are all common hazards that plague drivers during the colder months. Keep calm, confident and safe on the roads this winter by following these...
Cyber & Ransomware – Insurance Risks & Exposures
Great article from CBC on Cyberware/Ransomware insurance coverage - How ransomware insurance that protects companies and communities can also embolden criminals https://www.cbc.ca/news/science/ransomware-cyber-insurance-pros-and-cons-1.5453619
Making Data Management a Business Priority
Even before COVID-19 put Canadian businesses under extreme pressure to evolve and embrace #digitaltechnology, technological innovation was already more of a necessity than a choice With nearly every type of Canadian business embracing digital channels and platforms,...
4 Important Reasons to Get Commercial Property Insurance for Your Business
Picture two entrepreneurs, both of whom have pizza shops right opposite from each other. One is covered by business insurance while the other has chosen to forego insurance. In the brutal Canadian winter, a heavy blizzard causes significant property damage from wind...
Should removing winter tires be a priority during pandemic?
As summer approaches in the midst of the COVID-19 pandemic, a key question is whether motorists with winter tires are getting their seasonal tire changes. Keeping winter tires on during the summer increases the risk of aquaplaning because winter tire treads don't shed...
How to protect yourself from COVID-19 technology scams
CYBER LIABILITY During these unprecedented times, millions of Canadians are practicing physical (social) distancing and working from home. These practices are currently the "new normal" in an effort to keep safe from COVID-19. However, in working from home, we have...
Managing Ontario Auto Insurance during Covid-19
Suggestions for managing Ontario Auto Insurance premiums As more people get used to staying at home in support of physical distancing, there may be some premium-saving strategies available. Especially so if there have been significant changes in your driving habits....
Flood Prevention Tips
Melted snow and extreme weather events, such as torrential rain, are among the main causes of spring flooding. For many of us, having our home or business flood in the current covid-19 environment would be a disastrous additional financial and emotional burden. As...
Initial Covid-19 Insurance Situation
Over the past 6 weeks or so, there has been considerable insurance information in the news over concerning the covid-19 crises. Most have heard local news announce that Canada's insurers are reviewing options for premium relief, for qualifying customers struggling...
Summer driving and increased risks
We all know that Spring brings out excited drivers such as young people who have just obtained their licenses, ready to start practicing their driving on clear sunny days. As well, many people who have had their sports cars stored all winter will want to take them out...
Ontario Auto Insurance Rate Increases
Need more information on why Ontario auto insurance rates are increasing? Good article here courtesy of Canadian Underwriter What's really behind Ontario auto rate increases
Car Insurance – Accidents – Premium Rating – “I Slid On Ice – It’s not MY fault!”
Winter weather and icy roads in particular seem to cause Ontario driver's considerable grief every year. Some feel it is just not "fair" that losing control on black ice, smashing your car and perhaps others, should count as an at-fault accident, often with resulting...