Insurance has become the top operating cost concern for small businesses, with seven in 10 reporting their premiums have increased since the beginning of the year, the Canadian Federation of Independent Business (CFIB) reported. The ongoing hard commercial insurance market,…
OTTAWA – Nearly two-thirds of Canadian small businesses would consider using rapid testing to screen employees if it would help their business to stay open, says a recent survey. The Canadian Federation of Independent Business says 63 per cent would…
TORONTO – More than 200,000 Canadian businesses could close permanently during the COVID-19 crisis, throwing millions of people out of work as the resurgence of the virus worsens across much of the country, according to new research. The Canadian Federation…
Whether it’s your personal or commercial clients, neither are feeling too optimistic about their financial situation as the COVID-19 pandemic continues to stress them out, a pair of recent surveys have found. But the head of the national broker association…
British Columbia’s public auto insurer is challenging the view that opening up the market to competition will create efficiencies and better accident benefits. The Insurance Corporation of British Columbia (ICBC) was responding to comments from the Canadian Federation of Independent…
As debate rages on in British Columbia over public versus private ridesharing insurance options, the Canadian Federation of Independent Business (CFIB) has released new survey results that show nearly three of four small business owners support private auto insurance. CFIB…
There is a very large untapped market for selling cyber insurance to small businesses. How can brokers best approach small business owners to offer them cyber coverage? A recent 2018 study of Canadian “smaller businesses” by Scalar Security* found that…
Brokers who are members of the Canadian Federation of Independent Business can be matched with small businesses requesting quotes for property and liability coverage, Northbridge Insurance suggested Friday. A recently-announced partnership between Northbridge and CFIB “connects participating brokers with prospective…