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The other financial hit your commercial client takes after a flood

July 29, 2020 by Adam Malik

FM Global is raising concerns about companies that don’t practice flood mitigation on their properties, warning that flooding perils decrease an organization’s value by 5% a year after the event. Investors will have their confidence shaken regarding the company’s decision-making

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What to tell ‘non-essential’ clients who are closing their workplaces

April 8, 2020 by Greg Meckbach

If your clients are temporarily closing because of the COVID-19 pandemic, this might be a good time for them to undertake some repairs and let the fire department know they are reducing on-site staff, advises commercial insurer FM Global. “Countless

News InsuranceTechnology

These electronic devices might not be designed with cyber security in mind

February 4, 2020 by Greg Meckbach

Ransomware and privacy breaches may be among the top cyber threats on your radar, but are you aware of all of the connected manufacturing and other industrial control systems that may be at risk, a commercial insurer warns. “These production

News Claims CanadaLegal

Alberta grocer’s subrogated $761,000 profit loss claim before the courts

October 9, 2019 by Greg Meckbach

After an Alberta shopping mall experienced its fourth roof collapse, an IGA supermarket lost millions in sales because it had to close for more than six months. A business interruption claim of nearly $800,000 followed, but the calculation of the