ICBC Auto Insurance Changes

With crashes, injury claims, legal and repair costs at their peak, BC is facing a significant problem with Auto insurance. The past several months, ICBC has been focusing on improving the way individuals are being rated for their car insurance in an effort to get the insurance system back on track. By changing the renewal process and the way insurance premiums are set, ICBC hopes to set a greater focus on care, have safer roads to reduce crashes and provide

Cyber Risks & Liabilities

In the last year, an alarming majority of Canadian establishments reported falling victim to multiple cyber attacks, according to a recent report by Carbon Black. These breaches are not only incredibly costly to the organizations and encouraging to their perpetrators, but are in many cases preventable through basic diligence of cyber security maintenance.

The report found that a staggering 83% of surveyed organization reported suffering a cyber security breach in the last year, with 22% reporting five or more breaches

Are You Quake Ready?

Earthquakes, though they are among the most catastrophic natural disasters, are infrequent and unpredictable. Therefore, many people choose to ignore the risk. However, not preparing for an earthquake could be a devastating decision in the long run.

In the past 20 years, there have been over 81 earthquakes in Canada, which resulted in 228 deaths and millions of dollars in business losses. In addition, increasing urban development in seismically active areas and the vulnerability of older buildings has increased the

Mortgage Insurance vs. Life Insurance


If you have mortgage life insurance that you purchased through your lender there are some things you should be aware of. First of all mortgage life insurance tends to be more expensive than personal life insurance purchased through an independent life insurance broker. To give you a sense of the cost differences here are some sample comparisons of mortgage life insurance versus personal life insurance:

Updated Rules for Operating Drones

On Jan. 9, 2019, the federal government published updated rules—to be enforced by Transport Canada and the Royal Canadian Mounted Police (RCMP)—for flying unmanned aerial vehicles (UAVs), more commonly known as drones, in Canada. The new rules, which apply to drones weighing 250 grams to 25 kilograms that are operated within the pilot’s visual-line-of-sight, introduce two categories of drone operations based on proximity to bystanders and airspace rules. These new regulations went into effect on June 1, 2019. Read the