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Chief Meteorologist Says There is a "Heightened Threat for Flash Flooding."

Chief Meteorologist Says There is a "Heightened Threat for Flash Flooding."
  The weather seems to be at its moody worst this summer – bright and warm one second but a torrential downpour the next. How can you even begin to prepare for these sort of conditions? According to the latest long-range forecast by The Weather Network, conditions this summer will be quite unpredictable – with stark differences to be observed... throughout the country. Chief Meteorologist Chris Scott predicts that the wet weather experienced in Ontario during the month of May will continue during the summer months. Flash flooding will likely be an increasing worry for many residents if that turns out to be true. He further states that the southern part of the region especially will experience heavy periods of rains – exceeding the average precipitation levels for the area. It turns out this might be a summer of raincoats and umbrellas rather than one of patio drinks and beachwear. According to Scott, the persistence of the wet weather throughout the summer months will mean a “heightened threat for flash flooding.” Flash flooding is especially dangerous because of how sudden and treacherous it can be – things can go from pleasant to destructive in the blink of an eye.  Furthermore, Scott pointed to extreme weather conditions such as the Toronto flood in July 2013 and the Burlington flood that occurred a year later as examples of the kind of weather that can be expected this summer. This means that this summer especially will be a time to ensure that your coverage is not only relevant but comprehensive. For many people, it is no longer a case of if they will need their coverage but rather one of when they will need it. As the summer rolls in, flooding emergencies continue to pop up – despite the receding levels of water in parts of Ontario’s cottage country. One such area that is expected to be hit with this weather is Muskoka – with increased water-levels already in lakes Rosseau and Joseph. Though Ontario will provide disaster recovery assistance for residents that live in the Muskoka region, victims of flooding are being warned about the risk of mould. To regular readers of this blog, this will come as no surprise as we recently covered this topic. It is important now, more than ever, to safeguard your property against water-damage. If you would like more information about how to properly protect your property from flooding and water-damage, contact one of our licensed brokers now at This email address is being protected from spambots. You need JavaScript enabled to view it. document.getElementById('cloak6b25c99a9e0874c305c1de2c4b8c62bb').innerHTML = ''; var prefix = 'ma' + 'il' + 'to'; var path = 'hr' + 'ef' + '='; var addy6b25c99a9e0874c305c1de2c4b8c62bb = 'better' + '@'; addy6b25c99a9e0874c305c1de2c4b8c62bb = addy6b25c99a9e0874c305c1de2c4b8c62bb + 'hubbardinsurance' + '.' + 'com'; var addy_text6b25c99a9e0874c305c1de2c4b8c62bb = 'better' + '@' + 'hubbardinsurance' + '.' + 'com';document.getElementById('cloak6b25c99a9e0874c305c1de2c4b8c62bb').innerHTML += ''+addy_text6b25c99a9e0874c305c1de2c4b8c62bb+''; or call us at 905-696-9090.   Sources: Canadian Underwriter, The Weather Network More
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Cyber Risks For Small Businesses

Cyber Risks For Small Businesses
    Should small businesses be worried about cyber-attacks? Or is the craze around cyber-activity just a phase that will pass? Unfortunately, cyber-crime is very much real and it is here to stay. In fact, considering more than a third of Canadian firms do not report carrying cyber insurance coverage, cyber-crimes may become the biggest p...ain in the side of business-owners for years to come. Not only do cyber-attacks happen more now than ever before, they can have absolutely devastating consequences. A 2018 study by Scalar Security demonstrated that smaller businesses in Canada had become more susceptible to breaches last year and that they were down for a cumulative 59 hours. Now, that might not seem that bad on the surface. A cumulative 59 hours throughout a year? Some business owners might think they could take that hit. However, those 59 cumulative hours turned into an average lost revenue of $1.1 million. That certainly puts things into perspective. Even larger corporations in Canada would not scoff at over a million dollars in lost revenue – an amount that can absolutely decimate a smaller firm. Considering that mainstream trends point to cyber-crime becoming an increasing part of modern life going forward, protecting against it should be priority number one for many businesses. Why, though, the sudden increase in attacks on smaller businesses? What has changed? Miki Ho, a cyber risk underwriter for Beazley Canada, notes that the strategies employed by hackers are changing in a way that threatens the safety of smaller businesses. Ho notes “what has caught the attention of small business is the cyber extortion element of the policy … for small businesses, that’s the area of claims that we’ve really seen on the rise.” This is in-line with the changes in approach that hackers have taken. Whereas previously bigger businesses were targeted for larger sums of money, there has been a shift to seek quick scores on a smaller scale. Ho continues “in the past, what we saw is the hackers would demand the equivalent of $100,000 to $1 million in bitcoin.” Bitcoin, amongst other cryptocurrencies, has become the favoured payment method for hackers because it is untraceable; however, it is not a simple process to obtain bitcoin. If you are not particularly tech savvy, it can become an entire ordeal to make these payments even if you wanted to. This trend of going after larger businesses is changing. According to Ho, “now what they (the hackers) are doing is going for those quick wins. So, they will look at a small business and say, ‘if they are able to pay the equivalent of $500, they are likely to pay that, and they are likely not to notify the authorities.’” Therein lies the issue – once a small firm caves into this request, the hackers know they can keep coming back to this business. Fighting back can also be really difficult for smaller firms. Most small firms these days have limited IT budgets meaning that either there is no in-house IT team or, if there is, it’s quite limited. Moreover, smaller firms – especially those just starting out – have yet to develop relationships with law firms, large tech companies, or public relations organizations so that they can better navigate a breach of this nature. How, then, can a small business deal with such an attack? What does insurance get you? For one, a cyber policy will grant small business owners immediate access to an experienced breach response team. Furthermore, a good cyber policy will also mean that small business owners, in the event of an attack, will have available to them lawyers, IT forensic experts, and public relations representatives in addition to a breach coach that will help coordinate everything. Suddenly, a small business now has similar defence to a much large corporation. If you were to ask a small business owner how they would respond to a ransomware attack on their business, they may respond with skepticism. Whilst that skepticism may have been warranted years ago, it no longer is – cyber insurance should be viewed now as any other important insurance policy. In the next 5 years, it may even be viewed as more important. The trends don’t lie – why not get ahead of the problem instead of playing catch-up to it? Cyber risk is growing – it grows with the advancement of technology on a seemingly daily basis. As far as policies go, it is incredibly economical – frequently in the several-hundred dollar range for base coverage. What’s a few hundred bucks to safeguard against millions lost? To learn more about how to best move forward, contact one of our licensed brokers at This email address is being protected from spambots. You need JavaScript enabled to view it. document.getElementById('cloakc8e95add0a0b61e0fdab18530c2ae0ef').innerHTML = ''; var prefix = 'ma' + 'il' + 'to'; var path = 'hr' + 'ef' + '='; var addyc8e95add0a0b61e0fdab18530c2ae0ef = 'better' + '@'; addyc8e95add0a0b61e0fdab18530c2ae0ef = addyc8e95add0a0b61e0fdab18530c2ae0ef + 'hubbardinsurance' + '.' + 'com'; var addy_textc8e95add0a0b61e0fdab18530c2ae0ef = 'better' + '@' + 'hubbardinsurance' + '.' + 'com';document.getElementById('cloakc8e95add0a0b61e0fdab18530c2ae0ef').innerHTML += ''+addy_textc8e95add0a0b61e0fdab18530c2ae0ef+''; or simply call us at 905-696-9090. Let us help protect you. More
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Builder's Risk Insurance

Builder's Risk Insurance
  Do you ever see a construction site and wonder just what would happen if a massive gust of wind knocked everything down? Or if one of those gigantic industrial machines accidentally clipped something important and everything came crashing down in a giant waterfall of rubble and concrete? Obviously we hope that never happens, but those are r...eal dangers in the construction industry. That is why builder’s risk insurance is such a crucial aspect of any project. What is builder’s risk insurance, I hear you ask? Allow me to explain.   In short, builder’s risk insurance is a specific type of property insurance that offers indemnity against damage to buildings under construction. Everyone in the construction industry will tell you that the most difficult aspect of any construction project is getting shovels in the ground. Once construction begins, things become pretty straight-forward. However, one of the reasons that the entire process leading up to getting construction started is stressful is because of the uncertainty that can be encountered.   These projects more-often-than-not cost millions of dollars to even get started. If you’re going to put that much wealth into something, you need to make sure every small detail is covered before any commitment is made. This is why builder’s risk insurance is so important. It usually only costs 1%-5% of the entire construction cost and offers protection against things going wrong in a major way.   Under this type of insurance, perils such as fire, wind, theft, and vandalism are covered amongst many others. What if, though, the construction takes place somewhere notorious for earthquakes? The cool thing about this is that, because construction can be incredibly circumstance-specific, the insurance available for it follows suite. In fact, purchasing extra earthquake coverage when appropriate can be one of the most economical decisions that can be made in the entire project. Ultimately, these insurance policies can be tailored to the smallest relevant details.   In general, there are two types of coverages to choose from – property & liability. Perhaps the most popular choice is comprehensive general liability; and this is because of how much protection it provides. With comprehensive general liability, there is legal liability for compensatory damages because of bodily injury or property damages to third parties arising from all your operations. After all, the most important aspect of any construction project and site are the builders themselves! Without them, nothing would get done. Obtaining this type of insurance is a good way to show a vested interest in your work force because of the protection it provides them.   Whilst there is no shortage of types of property insurance, typical property insurance policies are not designed nor priced to cover the inherent risks that come with these kinds of projects. Furthermore, the ability to name additional insured’s under an umbrella policy is crucial for bigger projects that have several working parts – why purchase multiple individual policies when one does the trick?   The reality of it all is that the world is greatly expanding. Populations are growing, and, in turn, construction is booming. Putting aside the economic benefits of builder’s risk insurance still leaves you with the humanitarian benefits – it is protection not only for your work site, but also for the people that operate in it.   Don’t just protect your materials, fixtures, and equipment; protect your people. Contact one of our licensed brokers today at 905-696-9770 or email us at This email address is being protected from spambots. You need JavaScript enabled to view it. document.getElementById('cloak3acd922c2698929c5627b35cc12c9deb').innerHTML = ''; var prefix = 'ma' + 'il' + 'to'; var path = 'hr' + 'ef' + '='; var addy3acd922c2698929c5627b35cc12c9deb = 'better' + '@'; addy3acd922c2698929c5627b35cc12c9deb = addy3acd922c2698929c5627b35cc12c9deb + 'hubbardinsurance' + '.' + 'com'; var addy_text3acd922c2698929c5627b35cc12c9deb = 'better' + '@' + 'hubbardinsurance' + '.' + 'com';document.getElementById('cloak3acd922c2698929c5627b35cc12c9deb').innerHTML += ''+addy_text3acd922c2698929c5627b35cc12c9deb+''; to learn more. More
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Summer Cottage Tips

Summer Cottage Tips
  It’s time to get excited – beach and campfire season is here. Every summer, tens of thousands of Canadians make their way to their cottages to soak in the rays and bask in the sunshine. However, with a lot of these properties not having been used in months, there are some steps that need to be taken to make sure you spend your time relaxing... and not paying bills!   Give Your Cottage a Once-Over The best way to avoid unnecessary damage and bills is to conduct a thorough inspection before you begin your holiday. This can sometimes get lost in the excitement of visiting the cottage for the first time in months but it is such a crucial aspect of upkeep. It is always a good idea to do a round of the property before going inside to make sure there are no broken windows, damage caused by critters, signs of vandalism, or anything else that may seem out of the ordinary. Moreover, it is important to check the roof as well. It was a harsh winter and that will mean there was an increased likelihood of weather-related damage. Look for spots where the roof may have caved in or sustained structural damage – problems that can become major headaches very quickly. Whilst it’s alright to do small repairs yourself, get the professionals in for the bigger projects so you know for sure the roof won’t fall in mid-sleep!   Turn on the Water! We have mentioned in a previous blog before that, when leaving a cottage unattended, it is important to turn off the water – especially during the winter months – to make sure the pipes don’t freeze and cause avoidable damage. Now upon your return, it is time to turn it on; however, it sometimes isn’t as simple as that. Before you turn on the water, open a cold water faucet and turn on the main valve. Let the water run for a few minutes and then close it to make sure everything is in order. If your water pump draws directly from a lake, you will need to consult a professional in order to make sure you’re doing everything correctly! On the topic of water, we have written before about signs of water damage. No matter what precautions you may take, the unfortunate reality is that sometimes water damage can still sneak through. The cottage will have to be aired out regardless if it has been closed for a few months – but it is always important to check for signs of water damage while you’re at it. Look for mildew or mold growth, check all the window frames once you open up the windows, and pay attention to any areas where the stale, musky smell continues to linger.   Make Sure You’re Covered Whether you are a first-time cottage owner or a returning vet, there are always changes that occur in the year before. Cottage-goers will often return with new toys – boats, ATVs, you name it – and that can mean alterations in your seasonal property insurance. Maybe this year you decide to rent out your cottage for the first time, or maybe you are renting a cottage for the first time; it is always smart to contact your broker and make sure you have proper coverage so that you can enjoy a stress-free holiday – one that you deserve! Cottages have their own personalities and quirks – it’s rare to ever find two that behave alike. Whether you are a first time or long-time owner, taking these precautions will save you a fortune down the line. Contact one of our brokers today to inquire about seasonal property insurance at This email address is being protected from spambots. You need JavaScript enabled to view it. document.getElementById('cloak2fa16a81e65156895644ec739bd5c941').innerHTML = ''; var prefix = 'ma' + 'il' + 'to'; var path = 'hr' + 'ef' + '='; var addy2fa16a81e65156895644ec739bd5c941 = 'better' + '@'; addy2fa16a81e65156895644ec739bd5c941 = addy2fa16a81e65156895644ec739bd5c941 + 'hubbardinsurance' + '.' + 'com'; var addy_text2fa16a81e65156895644ec739bd5c941 = 'better' + '@' + 'hubbardinsurance' + '.' + 'com';document.getElementById('cloak2fa16a81e65156895644ec739bd5c941').innerHTML += ''+addy_text2fa16a81e65156895644ec739bd5c941+''; or call us at 905-696-9090.     Source: Economical.   More
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Security Breach at Canva

Security Breach at Canva
  Canva – a high-profile startup founded in Australia and now based in San Francisco – was recently hit by a major data breach; one that left 139 million users exposed. The company had the following to say about this breach: “As soon as we were notified, we immediately took steps to identify and remedy the cause, and have reported the situati...on to authorities (including the FBI).” A spokesperson from Canva also added that “We securely store all of our passwords using the highest standards (individually salted and hashed with bcrypt) and have no evidence that any of our users' credentials have been compromised” and that "as a safeguard, we are encouraging our community to change their passwords as a precaution." Canva was founded in 2012 and has since amassed a major following – considered widely to be the best graphic design service available online. In January of 2018, it was valued at $1 Billion. What this demonstrates, then, is that in the current online landscape no one is truly ever safe. Data and security breaches are becoming increasingly common – and often times, not even the most sophisticated protection software is enough to truly guarantee security. This is why cyber liability insurance is so important. Information is at the crux of everything – most businesses would agree that information is perhaps their most important asset. Without data, most decisions become a hopeful stab in the dark – a lack of direction that would become apparent immediately. It is no wonder that information has become the most sought-after resource in the modern day considering it is at the centre of everything. If you control the information, you control everything. In light of this, hackers will become more daring and ambitious – attempting to breach as much as they can. The person behind the Canva hack alone claims to have hacked close to a billion users since just February of this year. They claim that, once they are done extracting the information, that they then put it for sale on the dark web – and we come full circle. Information is power; once it’s stolen, it is sold right back into the system. As we integrate further online and become more reliant on technology and the interconnectedness it brings us, we have to be careful not to stray too far from what is safe and secure. At Hubbard Insurance Group, we employ a service-first mindset and can help you with your risk management solutions. It is important to stay ahead of the curve and not to act in retrospect; because by then, the information you have lost has long-since been sold. Contact one of our brokers today at This email address is being protected from spambots. You need JavaScript enabled to view it. document.getElementById('cloak982efb28e6e1bac71d8d5ecdf3c38db2').innerHTML = ''; var prefix = 'ma' + 'il' + 'to'; var path = 'hr' + 'ef' + '='; var addy982efb28e6e1bac71d8d5ecdf3c38db2 = 'better' + '@'; addy982efb28e6e1bac71d8d5ecdf3c38db2 = addy982efb28e6e1bac71d8d5ecdf3c38db2 + 'hubbardinsurance' + '.' + 'com'; var addy_text982efb28e6e1bac71d8d5ecdf3c38db2 = 'better' + '@' + 'hubbardinsurance' + '.' + 'com';document.getElementById('cloak982efb28e6e1bac71d8d5ecdf3c38db2').innerHTML += ''+addy_text982efb28e6e1bac71d8d5ecdf3c38db2+''; or call us at 905-696-9090 to learn more about how we can beef up your cyber security.     Sources: Business Insider, ZDnet More
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