Ask Steve - Blog

By on Jan 23, 2013

At a 2012 Cyber & Privacy Risk conference changes in cyber risk were noted: 1. Cyber attacks have become pervasive  2. current defensive systems aren't working, and 3. Cyber risk is getting bigger and broader. The Office of the Privacy Commissioner of Canada (OPC) has private-sector privacy legislation in place (including PIPEDA), that outlines accountability and what is expected in a privacy management program.  And you can't have privacy without...

Read More


By on Jan 22, 2013

Every day business owners face a number of liabilities, many of which can be insured with that well known Commercial General Liability (CGL) insurance policy.  But where are the 'gaps' and why are they there?  Can you do anything about them? Coverage limitations appear in a number of places; exclusions and definitions being the main areas.  You can group all these limitations into three main categories:  (a) those that can be covered by endorsement to your...

Read More


By on Jan 22, 2013

If it’s a licensed vehicle, it needs to have Auto insurance before taking it out on to the road, right?  Ontario’s Compulsory Automobile Insurance Act requires that all motor vehicles be insured under a policy of insurance when operated on public roads.  The Highway Traffic Act considers “any other vehicle propelled or driven otherwise than by muscular power” as a motor vehicle. The Insurance Act looks at it a little differently.  We appreciate that all those typical...

Read More


By on Jan 25, 2012

Protect your Personal Insurance. You could be risking everything without knowing it. We all know that a thief can break into a car in a matter of seconds. Cars are been targeted at large events, like basketball or hockey games. And, we have all heard that having something of value easily seen through the window can make your car a target. But many of us haven’t stopped to consider the GPS. With your GPS, a thief can often find your home. Thieves will know when the event ends, and...

Read More


By on Dec 14, 2011

One of the most common clauses in any insurance policy is co-insurance. Who thought it up in the first place? Co-insurance goes back over 100 years, and is meant as a means to persuade people to buy insurance to the full value of their risk being insured. Let’s take property insurance as an example. Underwriters develop rates which are applied to the amount of insurance you need, to come up with the premium they will charge. A lot of people will appreciate that insurance companies...

Read More