Duties of A Condo Administrator in Alberta
March 4, 2024
As a condo administrator in Alberta, you are the main representative of the condominium corporation. You are integral to the day-to-day operations of the building and corporation, serving as the point-person for issues relating to condominium management.
With so many hats to wear, let’s take a closer look at your duties, and how to go about...
Has Your Commercial Property Insurance Kept Up With Values?
February 21, 2024
Record-high inflation is pushing up the cost of everything, including property insurance
Commercial real estate insurance rates are up by at least double digits this year, which insurers largely attribute to higher construction and replacement costs and more frequent disasters. Though the Insurance Information Institute reported replacement cost increases slowed down slightly in the second half...
Confined Space Entry Checklist
February 8, 2024
In a confined space, it only takes seconds for atmospheric toxins to incapacitate a worker. Refer to the following checklist to keep your employees safe whenever they’re working in a confined space.
But first, it’s important to know the difference between a confined space and a permit-required confined space.
Confined space classifications
According to the Canada Occupational Health...
Contractors: What Happens If The Construction Material You Use Fails?
January 30, 2024
Construction defects include design flaws, poor workmanship, product defects and subsurface deficiencies. When the products and materials you use are defective, you can be held liable. That’s because the project owner can name you in a lawsuit, even if you aren’t at fault.
Imagine you’ve installed a roof. The roof starts leaking, and the owner calls...
Local Freight Trucks Have Specific Insurance Needs
January 12, 2024
While over-the-road and regional vehicles traverse large areas and cross borders, local trucks remain within metropolitan areas. As a result of that tight-knit territory, local freight truckers must navigate smaller roads. They also face a wider array of potential accidents.
Hazards include congestion, one-way streets, pedestrians, cyclists and traffic mitigation measures like roundabouts and lights, as...
5 Benefits of Using an Insurance Broker for Your Business
July 18, 2023
With a growing market of digital insurance products, you may be tempted to move away from working with an independent insurance broker. You might think it will save you time or money on your insurance. The truth is that insurance brokers are experts in their field. Their job is to protect your business with the...
5 Tips for Preparing Your Business for the Holiday Season
November 14, 2022
The holiday season is a hectic time for consumers and businesses alike so preparing your business for the holiday season can be a stressful time. During this busy time, companies experience an uptick in foot traffic and sales, necessitating more product and staff.
While this often means higher profits for retail businesses, seasonal employees, crowded stores...
Top 5 Benefits of Business Interruption Insurance
October 26, 2022
Continuity is critical in business, and there are few things more important than continuous revenue and cash flow, particularly for small to medium-sized organizations. In fact, just one brief business interruption can be incredibly costly for an organization, often leading to serious reputational damages or long-term closures.
That’s where business interruption insurance can help. This form...
Tips to Help Avoid Contractor Fraud
January 29, 2021
The average homeowner likely won’t know the cost of materials and labor put into home repairs. As a result, it’s important to stay informed when dealing with contractors so you don’t end up paying for needless repairs.
It’s often said that if something seems too good to be true, then it probably is. This advice is...