Stage collisions – Spurious road traffic accidents—where criminals aim to profit from fraudulent insurance claims—are not new events. These intentional, staged scams can include fabricated personal injury claims following minor accidents. Notably, auto insurance fraud, such as these types of collisions, costs Ontario drivers an estimated $1.6 billion each year according to Finance Minister Charles Sousa. (more…)
Commercial Property Insurance – 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 of 2022, they were still up 40% compared to 2019. (more…)
Read our July issue of Live Well, Work Well featuring summer picnic safety, skin cancer and avoiding artificial sweeteners plus a new summer recipe!
A recent study by global analytics and advice firm Gallup revealed nearly 8 in 10 Canadian employees are currently disengaged in the workplace. In fact, Gallup’s 2023 State of the Global Workforce study found just 21% of employees across all sectors are engaged. Although global employee engagement and job opportunities have been on the rise, the latest workforce trends in Canada are quite the opposite. What’s worse, employee stress levels have remained persistently high. (more…)
Cyber Risks in a Down Economy – During a recession, businesses usually experience decreased sales and profit margins stemming from changing consumer behaviours, prompting them to reduce spending to avoid issues such as bankruptcy. Furthermore, a down economy can also create heightened cybersecurity risks. After all, cybercriminals have historically capitalized on social and economic crises by leveraging public uncertainty to launch additional attacks, as evidenced by rising cost-of-living scams and numerous cyber losses throughout the COVID-19 pandemic. (more…)
Homeowners insurance policy -Wildfires can devastate communities, destroying thousands of homes each year. However, there are steps you can take to help protect your home from wildfires. (more…)
At some point, all software will reach the end of its life. This means manufacturers will no longer develop or service the product, discontinuing all technical support, upgrades, bug fixes and security fixes. As a result, end-of-life (EOL) software will have known vulnerabilities that cybercriminals can easily exploit. This article discusses the risks of End Of Life software and discusses best practices for organizations to mitigate this risk. (more…)
Read our Live Well, Work Well March issue highlighting kidney health, hydration, increasing nutrient absorption with food pairings and a recipe for chicken noodle soup!
Be your best self! Read our February Live Well, Work Well Newsletter featuring The Art of Waking Up Refreshed, Minimizing Risk of Anxiety Disorders, Boost Your Immunity With Nutrition and a recipe on how to make Salmon Patties.
Cyber risk for Businesses – Cyber incidents topped the list of risks facing businesses around the world in 2023 for the second year in a row, according to Allianz’s 2023 Risk Barometer. (more…)