Monthly Archives: September 2015

//September

Condo Conundrum: When Board Responsibility Surfaces in a Claim

By | September 30th, 2015|Commercial Insurance, Personal Insurance, Small Business Insurance|

Condo Corp Conundrum: When the Board Has to Pay for a Claim The number one question I always receive from condominium boards and property managers, in particular after reviewing by-laws and attending both board meetings and Annual General Meetings (AGMs), is simple: in the event of a loss, particularly where a unit owner is negligent, why can’t the unit owner be held responsible for all costs associated with the loss. While any given situation can [...]

Excel Insurance Group Comes Out – With a New Website

By | September 9th, 2015|Commercial Insurance, Personal Insurance|

As you might have noticed, the Excel Insurance Group website has launched! Extremely exciting for our group of insurance companies, it was, admittedly, a ton of work and for a lot of people across Excel Insurance Group. As a matter of fact, we are still  making updates, adding to our Directory of Insurance Professionals, creating content... everything is an ongoing process (so if you come across any bugs, please let me know).  :) The value of a website [...]

Waivers: Managing Risk for Recreation & Sporting Events

By | September 8th, 2015|Commercial Insurance, Small Business Insurance|

Waivers Are Not Always Effective for Risk Management The Idea of a Waiver is Typically Misunderstood Waivers tend to be poorly understood - both by the organizations that require their use and by the individuals who are asked to sign them. Courts impose stringent requirements when considering whether to enforce a waiver as a defence to a lawsuit brought by a user. As a result, the Courts routinely reject waivers that fail to meet these [...]

8/10 Cases of Employee Fraud are Internal

By | September 7th, 2015|Commercial Insurance|

When Loyalty Bites: 8/10Fraud & Embezzlement Cases are an Inside Job Fraud, Theft & Embezzlement are Perpetrated by Your Employees White-collar crime can have serious financial consequences, even threatening a private company’s survival. These frauds can go on for years and, when discovered, the ultimate impact can be enormous. It is the long term, loyal and trusted employee whose dishonesty can put you out of business: the accountant who never takes a vacation, the IT [...]