Manufacturing businesses are at risk for losses and liabilities that can be different when compared to other organizations. These can include equipment breakdown, theft, pollution, and cyberattacks. Mitigating these [...]
The automotive industry is transforming as the world increasingly embraces electric vehicles (EVs). These vehicles offer numerous benefits, including reduced carbon emissions, lower operating costs, and enhanced performance. Moreover, [...]
The construction industry employs over 1.6 million people in Canada, and contributes about $151 billion to the Canadian economy annually, according to the Canadian Construction Association. As construction projects [...]
Keeping yourself safe during a thunderstorm involves staying indoors and avoiding open areas, tall trees, and metal objects. Keeping your business property safe during a thunderstorm requires different measures. [...]
Business interruption insurance is sometimes overlooked by business owners when they are looking for a comprehensive insurance package. However, this type of insurance protects a business’ financial health and [...]
Whether you’re building a detached home or an entire subdivision, working in the home construction industry comes with risk — and one of the biggest risks is fire. There [...]
Numerous partially constructed houses and other light-frame wood buildings are blown down every year across Canada. The National Building Code of Canada (NBCC), along with provincial building codes, specifies [...]
Damage to underground utilities from excavation and trenching activities is more common than you might realize. In 2022 alone, there were 10,636 damages related to buried facilities from excavation [...]
If your business falls victim to a heavy rainstorm or flood, water can seriously damage your property. Unfortunately, the cost of fixing water damage can be very expensive. But there [...]
You or your employees can fall into a routine as you shut down your business at the end of every day. That’s why it’s so important to make sure [...]
Earthquakes are unpredictable natural events that can occur at any time of the year. They violently shake the ground due to tectonic plates moving along a fault line in [...]
Profit, in the broadest sense, is sales minus costs. Typically, loss prevention is seen as a cost to the business because implementing something new costs money – whether it’s [...]
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