PVI Connection

On January 1, 2022, Alberta will adopt a Direct Compensation for Property Damage (DCPD) system which will simplify auto insurance claims following collisions. This is a list of frequently asked questions, courtesy of the Insurance Bureau of Canada.…

During the winter Ice dams can cause water damage to your home. Be aware of the signs of ice dams and take these preventative measures. …

Many potential risks exist on construction sites, such as fire, theft and water. Buildings under construction have greater potential for significant damage from fire, especially before fire suppression systems are installed and operational, but there are a few ways to keep burning risks at a minimum.…

The majority of ransomware attacks—which entail attackers gaining access to a victim’s data, encrypting it and then demanding ransom for the return of and access to the unencrypted data are made using the cryptocurrency Bitcoin as the medium for payment.…

If you deal with either commercial or residential property, you are responsible for the side effects of winter. In legal terms, snow and ice are the same as any other hazard presented on a property, and just like any other hazard, property managers can be held liable if they cause injury. To avoid litigation resulting from winter injuries, it is important that you are vigilant in your snow and ice removal efforts.…

Driving while under the influence of marijuana significantly impairs one’s driving ability by affecting judgment, motor coordination and reaction time.…

Effective risk management creates value and should be an integral part of decision-making. How does risk management impact your bottom line?…

Dash cam footage acts as an accurate record of what occurred during an incident instead of relying on witness testimony, which can be untrustworthy.…

The insurance market is characterized by cycles. It fluctuates between soft and hard market conditions. Soft markets tend to be good for insurers because premiums hold steady or decrease. During a hard market, insurance rates increase and coverage is more difficult to obtain.…

What is the value of your personal belongings? Replacing these items could be a financial hardship, tenant insurance covers you.…

Whether your renovation budget is large or small, you are adding both the value of your home and your exposure to risk. To ensure that your project goes smoothly and that you have the coverage you need, here is what you need to know.…

Deciphering all of the parts of your auto insurance policy can be a difficult task. Here, we’ve broken it down section by section so you can understand the information that is included in each part.…

Coinsurance, in a property policy, requires the policyholder to carry a limit of insurance equal to a specified percentage of the value of the property.…

One of the most important aspects of Commercial Property Insurance is making sure that you have purchased enough coverage to be adequately protected.…

Poor management can lead to workers feeling disengaged and uninterested in their job, which can lead to problems for employers. …

When a natural disaster strikes, the last thing you want to think about is filing a property claim. Following these steps will assist you with the claim.…

The largest source of fire in Canadian homes comes from fuel burning appliances. Use these tips to safely use your wood burning stove.…

As the world continues to rely more and more on technology, the need to address threats to cybersecurity becomes increasingly important.…

Engaged employees are more than just satisfied with their jobs; they are committed to the company and its goals. Read more about the importance of measuring employee engagement and how to get started.…

Errors and omissions (E&O) liability insurance covers any service cost that would otherwise result in a loss due to business operations. E&O insurance is appropriate coverage for anyone who gives advice, makes educated recommendations, or represents the needs of others.…

Business interruption insurance provides protection against a variety of common interruptions, including natural disasters, equipment damage, vandalism and more.…

Once your business has identified existing and potential hazards, you are ready to implement the systems that can prevent or control those hazards.…

Like most aspects of the workplace, recruiting norms have changed as organizations prepare their post-coronavirus plans. This article explains how employers can recruit post-coronavirus.…

In this Cyber Risks and Liabilities newsletter, you'll read about COVID 19 related scams, the risks of using removable media devices and an overview of cyber security terms.…

If your business is planning to reopen, it’s important for you to have a return to work plan to help with the transition back to business and keep everyone healthy and safe.…

Understanding your coverage options is crucial to managing risk in your workplace. This content provides information about cyber liability insurance options that may benefit your business. …

If you require registries services, as of Monday, April 27th, our Registries offices in Sexsmith and Spirit River are open.…

Has there been a change to your business operations that has resulted in a vacant or unoccupied building due to COVID19 or other circumstances? If so, please contact your broker today as there may be exclusions or restrictions that apply. …