Cyber Liability Insurance & Risk of Re-tweeting

Specific add-ons in cyber liability insurance provide severability from the actions of your employees in the case of re-tweeting.

In this day and age when many employees are encouraged to engage online with their clients and subscribers, it is all too easy for an employee to find himself or herself in a libelous situation. When an employee re-tweets a comment made from a secondary writer or publisher, they may be held accountable as a “publisher” for the defamatory words and sentiments held within the original tweet. This can prove to be a complicated matter because tweets often contain links to external stories and long-form opinions. If your employee is unaware of (or … [Read more...]

Private School Insurance For Employment Practices Liability

Private school insurance may be key protection against claims derived from employment practices. How exposed are you during the hiring and termination processes?

All private school insurance packages come with standard protection for property and liability in the event that there is damage done to the grounds, the classrooms as well as the students, staff and various employees. In fact, this area of protection is usually well established and there is little risk of there being a major loss due to under-insurance. However, there is a strong possibility that your policy has gaps in coverage when it comes to claims derived from employment practices and the perception of wrongdoing by your processes of … [Read more...]

How to Minimize Trucking Insurance Premiums: Beyond Claims-Free

There are many ways, other than being claims free, that a broker can help reduce trucking insurance premiums. Discuss the alternatives available.

Trucking insurance accounts for a significant piece of a fleet’s operating budget. This is the number one place to encourage savings that can benefit the whole organization. So then what is the number one way to minimize trucking insurance premiums? The obvious answer is to remain claims free. While this is the ideal situation, it is not always possible to show a spotless claims history. Brokers work on innovative plans that can help minimize premiums by other methods. Develop a Recruitment Plan for Better Staffing The manner in which you … [Read more...]

Golf Insurance Risk Plan and Lightening Strikes

The future of golf insurance may include fewer leniencies and greater liability when it comes to weather dangers. How do you protect your golfers?

“They came out to warn us…” says Rick Adams, one of the golfers affected by the sudden lightening strike that injured four men at a course in Stouffville, Ontario. This is only part of the story of the tornado and electrical storm that ravaged various areas around Ontario this past June. As if golf insurance risk wasn’t already taxed by the recent and devastating flooding, clubs now face tornados and other perils to their players and membership. But was this a freak storm, or does it speak to something more dire on the horizon? The fact is … [Read more...]

Top 6 Security Tactics From Trucking Insurance Specialists

Cargo theft is a major trucking insurance concern. Here are the top 5 areas where you can reduce vulnerability.

Cargo theft and yard security is a growing area of concern for both fleet owners and trucking insurance brokers. There are, however, a few key pieces of information that owners can pass on to their drivers and yard employees in order to reduce the risk of becoming a victim of crime. In most cases, these are common-sense items. But when these safety and risk management tactics are combined with a reputable security system, there is sufficient evidence to show an impact upon trucking insurance premiums. Begin Preparing by Pre-planning Before the … [Read more...]

Mining Insurance Addresses Cybersecurity Issues

What mining insurance product protects against cybersecurity threats and risk? Read our blog to find out what coverage may be needed in the coming future.

Recent SEC guidelines have made the threat of cyber attacks a relevant mining insurance topic. Since 2010, companies have been at risk of class action suits in the event that they fail to disclose possible cyber threats, or fail to disclose details of actual incidents already occurring. The main intent of the new guidelines is to better protect and provide disclosure to companies and protect the information of the disclosed (shareholders, especially) with respect to incidents of a breach of cyber security. The chances are if your current … [Read more...]

Is Your Golf Insurance Policy Prepared for Identity Theft?

Data breaches have caused many companies to revisit their digital risk assessment. Golf insurance policies can be altered to deal with issues like identity theft.

In this day and age when so much information is stored on local company networks, can you be sure how secure your private data is? A company may come to rely on technology to store business plans, financial reports, internal memos, private messages, client information, credit info, etc. Suddenly your club is vulnerable to cyber attacks and the misuse of private member data. The fact is that there are a number of ways in which golf insurance is necessary to protect a board of directors and operating officers from suits precipitating from a … [Read more...]

Cyber Liability Insurance In Ontario: Top 3 Least Known Facts

Now more than ever cyber liability insurance is a key component to any company. Those with large databases assume even more risk.

While the concept of cyber liability insurance has been in existence for over 25 years, it has only been in the last 10 years that insurers and their consumers have sought to find specialized wording in order to address the risk. Why is this? The fact of the matter is that many Ontario companies and unions with membership databases have been left unprotected, assuming they were covered under preexisting wording, until claims started to force the industry to take notice. Two decades ago, the assumption was that “a crime is a crime” and that … [Read more...]

Liquor Policy: Being Upfront Reduces Golf Insurance Risk

Providing guests with a clear liquor policy can benefit your golf insurance. Read how to establish the language to keep your business safe.

What are the rules concerning the use of a club for alternative purposes? If you ask the question, you may fall into the category of this club in Maryland. While certain specific events are covered under a comprehensive or event golf insurance as an add-on, some occasions demand a discussion with the liquor board. In the US and as well in Canada, the Liquor Licensing Board has rules and regulations that define the boundaries of how and in what way you can serve alcohol at your business location. This is an extremely important piece of advice … [Read more...]

Telematics Webinar: Rate Reduction Plan in Trucking Insurance

Telematics webinar informs and calls for future trucking insurance rate reduction. Read how insurers like our partner, The Guarantee are developing a plan.

The concept of Usage Based Insurance (UBI) is not new to the general GTA driving public. This article in the Star outlines the details and benefits to non-commercial vehicle drivers. So the question that CMV companies must be asking is, “will we receive the same proposed relief on our trucking insurance as well?” One of the main concerns for a public-base UBI system is regarding privacy. In the realm of the trucking insurance industry, telematics has been a hot button topic. At the end of the day, however, insurers use this information to … [Read more...]