The number of extreme weather events in Canada has been increasing over the last decade, with the nation getting 20 more days of rain on average per year than in the 1950s. Among these extreme weather events, flooding has increased every decade for the past century.
This checklist outlines important measures to assess in order to assemble a plan in the event of a home flooding. Take a look at some of the concerns that must be properly addressed so you can be prepared to navigate through a home flood and reduce the risk of losing your assets in a flood:
As we rely more and more on technology and companies have their employees work from home, the risk of having a cybersecurity breach should also be considered.
In particular, professional services that deal with and handle a great deal of personal information from clients are especially susceptible to cyberattacks.
One professional industry that has been targeted are those who work in Accounting. Take a look at what happened to the Canadian Chartered Professional Accountants Association when they suffered a cyberattack in 2020:
Among the various forms of cyberattacks, phishing – a scamming method that tricks users into supplying sensitive information that hackers can use to access important accounts or compromise data – repeatedly reigns as a top technique. In fact, recent research revealed that 156 million phishing emails are sent every single day, and 16 million make it through filters.
Here are 4 of the most common formats that phishing can take in terms of general framework:
Running a janitorial service can be demanding, and it’s a constant challenge for owners to deliver exceptional service while maintaining profitability. These challenges are magnified when you consider the need to balance risks related to commercial automobiles, property damage, equipment breakdowns, crime and inland marine exposures.
The list below provides an overview of these risks and more—helping you identify potential blind spots in your risk management and insurance programs:
Every food manufacturer has its own controls in place to ensure that the food and beverages they produce don’t harm consumers. However, even the most discerning and organized companies can mistakenly sell products that cause injury or illness.
In the event an unsafe food product leaves the control of the manufacturer or is in violation of safety legislation (referred to as violative products in various regulations), the product must be removed from the market in what’s referred to as a recall.
Here are the steps that would need to be taken in order to navigate through the event of a food recall:
Directors and Officers (D&Os) of companies in the mining industry deserve to be protected through insurance policies as they are risking their personal assets for the benefit of shareholders. As such, having proper risk management systems and insurance policies in place that can cover against losses to the D&Os as well as the corporation are important.
Here are 3 levels of protection that are available to Directors and Officers of mining corporations to take into consideration:
At the core of every wet work program is the initiation of a wet work permit. Employees, third-party service providers and independent contractors should be required to complete a request for a wet work permit and get that request approved by the construction site supervisor prior to conducting any form of wet work (e.g., plumbing, piping, pumping or drainage) on the job site. That being said, the construction site supervisor should be prepared to conduct a wet work job site inspection prior to issuing any wet work permits.
This checklist outlines important topics to assess in a wet work job site inspection. Take a look at some of the concerns that must be properly corrected before the construction site supervisor can issue a wet work permit:
Owning and operating an auto dealership can be a very rewarding experience. After all, auto dealerships offer customers the opportunity to find and purchase the perfect new or used vehicle that fits their unique driving needs as well as numerous services to help customers keep their vehicle in good condition and stay safe behind the wheel.
However, auto dealership owners also face a number of exposures that they will need to contend with on a daily basis in order to successfully run their business. Take a look at some of the risk categories and their considerations that auto dealership business owners should review:
Companies need safe and working equipment to operate efficiently and generate revenue. In fact, some organizations rely exclusively on a few pieces of equipment to run their entire business.
Following a breakdown, major losses can occur, and many organizations turn to equipment breakdown insurance (sometimes referred to as boiler and machinery insurance).
Take a look at the following case study on how Equipment Breakdown Insurance was able to protect a company when their equipment suffered a breakdown:
The recent significant increase in employees working from home as a result of the COVID-19 pandemic brings with it an increased risk of cyber security threats. Cyber criminals are well aware that IT departments and cyber security groups are stretched thin during the pandemic, making them more exposed to attacks.
In fact, according to a recent survey, one organization saw phishing and cyber attacks rise by 40 per cent. With 25 per cent of Canadian organizations now going entirely remote and 85 per cent going remote with at least half of their workforce, it’s important to keep cyber security measures up in this new landscape of increased remote working.
Here are 5 tips to take into consideration and keep you cyber safe while working remotely at home: