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Thunder Bay Insurance is proud to present the following seminar on Thursday, June 2, 2011.  Business owners and those who deal with business owners will learn “What Every Business Owner Needs to Know About Risk”. To register contact Ashleigh Quarrell by May 27, 2011(346-3649 or aaquarrell@tbayins.ca)

An invitation to join a Board of Directors once signified that a person had attained a certain prominence in business or the profession. The business acumen of the individual was being sought to enhance the profile of the Corporation. Such an invitation was usually accepted, not because of the financial rewards but because the post [...]

It’s no secret that the WSIB is looking for ways to tackle its $12 billion dollar unfunded liability, and its strategy is started with rate hikes for 2011, especially for the construction industry. It’s a complicated issue, with frustrations on all sides: injured workers are faced with strict rules, employers with ever growing rates and [...]

1. Seek the Advice of a Professional Risk ManagerThe first and easiest way to start implementing risk management in your company is to seek the professional advice and guidance of a professional risk manager.  Not only are they trained in the techniques for risk analysis, control, and finance, they also have access to a wealth [...]

The rules of the game have changed: effective risk management, rather than the commodity-driven “insure and pray” method (you insure your business and pray nothing goes wrong), is the separating line between successful businesses and non-successful ones.  Unfortunately, I meet business owners every day who feel that the size of their business is too small, [...]

I recently came across David Spratley’s article analyzing the similarities and differences between Canadian and U.S. trade-marks.  Whatever your business, protecting your intellectual capital is paramount, and you should know where and how to do so. Canada and the United States have similar systems for registering and protecting trade-marks, and franchisors need to be aware [...]

Too often insurance brokers are faced with resistance when we try to recommend enhanced coverage.  Take the liability limits on your home or auto policy for example; if you’re like most Ontarians, you likely have a limit of $1,000,000.  It seems like a lot, and it is…or at least it is as long as we’re [...]

These days you are 10 times more likely to have your identity stolen than your vehicle. This is just one reason why it’s important to understand what identity theft is and how you can prevent it. According to Michael Arata, in his book “Preventing Identity Theft for Dummies”, identity theft is when an individual uses [...]

“Can I get my files back?” she asks as I return her flash drive. “No I’m sorry, the flash drive is corrupted and the only thing I can do is reformat it.  Even then I can’t guarantee that your flash will work” I reply.  I wince as I see her face contort into what I’m [...]