7 Essential Halloween Safety Tips
October 21, 2024
Halloween is an exciting time of year for kids, but it can also pose potential dangers. The following tips can ensure that Halloween is both safe and fun: Accompany your child while trick-or-treating until he or she is old enough to go with a friend; this is usually around the age of 12 but is...
When and How To Apply a Tourniquet
September 25, 2024
The Paramedics Chiefs of Canada report that more than 2,400 Canadians bleed to death every year and many of these deaths were preventable. The American College of Surgeons states that approximately 40 per cent of all trauma-related deaths are due to blood loss. Ontario and BC are acknowledging this by honoring National Stop the Bleed...
The Basics of Cross-Border Trucking Insurance
September 20, 2024
Running a trucking operation between Canada and the United States involves careful insurance considerations because the risks and regulations vary between jurisdictions. A good place to start is with comprehensive commercial truck insurance, which typically includes the following coverages: Collision, comprehensive or specified perils: To cover damage to your trucks Primary liability: To cover property...
Business AI Chatbot Risks and Cybersecurity Solutions
September 6, 2024
Artificial intelligence (AI) chatbots have emerged as a leading innovation across multiple industries, from health care to banking to hospitality. These AI-powered assistants can enhance customer service, boost efficiency, perform tasks 24/7 and save business resources.
But the chatbot explosion has also created a new playground for hackers, raising concerns over chatbot security. Don't let the...
The Pros and Cons of Renting vs. Owning a Home
August 19, 2024
Renting and owning a home are two different paths to achieving shelter and establishing a living space. Each option comes with its own set of advantages and disadvantages. Let's explore the pros and cons of renting and owning a home:
Renting a Home:
Pros: Flexibility: Renting offers greater flexibility, allowing you to easily relocate as needed, especially...
Benefits and Risks of Artificial Intelligence in the P&C Insurance Industry
July 16, 2024
Artificial intelligence (AI) enables computer systems to accomplish tasks that normally require intelligent human behaviour. Examples include information gathering, data analysis and decision-making. It’s currently being used in customer service, claims processing, underwriting and fraud detection. Many insurance firms and carriers are also using it for job postings and hiring.
You may have seen natural-sounding chatbots...
Assisted Living Facilities Face Daunting Liability Challenges
July 9, 2024
With residents of different ages, health profiles and ability levels, your organization must be agile and aware when it comes to protecting them and your company. Insurance and risk management are the two best ways to mitigate the perils that long-term care facilities face. Let’s look at some basic liability coverages and recommended additions.
Commercial general...
Insurance TLC for Senior Care Facilities
June 27, 2024
Nursing homes are a vital part of caring for the elderly and disabled. But for them to operate at their best, they need to have adequate protection from financial loss. Just one uninsured catastrophe could hurt the entire community.
There are two primary insurance coverages nursing homes need: property and liability. They are available through stand-alone...
Condo Board Liability Checklist
June 20, 2024
Whether it’s for a small group of flats or a high-rise with hundreds of residents, being on a condo board is serious business. Condo boards make critical decisions that affect building maintenance, operations and residents. Use this checklist as a start for risk planning and stay ahead of your board’s liability exposure. Take meeting minutes...
