"Be sure to use a strong password" is advice that we are constantly being given when trying to create online accounts. It's also not uncommon to see a password meter ranking your passwords strength. That's because many computer users are continually choosing weak passwords like "123456" or "password" ranking top on the list year after year. With the rising threat of cyber crime, information leaks and data breaches, a strong password is your first line of defense (...)
Category: Fraud
2016 Reform – Changes to the Accident Benefits Coverage
The Financial Services Commission of Ontario (FSCO) has released another auto insurance reform for 2016. Some of these changes might have affected your insurance policy already, such as the winter tire discount (January 1st), but most of these changes won't be effective until June 1, 2016. They consist of items like raising comprehensive deductibles and lowering interest payments (...)
Watch Out For Holiday Cyber Scams
The Christmas holidays are quickly approaching, and with it comes the largest shopping season of the year. You may choose to visit the shopping centers in person, and participate in hand to hand combat with your fellow shoppers, or you could stay in the comfort of your home and order online. Online shopping however does have its draw backs, it leaves you vulnerable for cyber threats (...)
Uber Insurance Risks, Are You Properly Covered For Ridesharing?
If you aren’t living in a major city perhaps you aren’t aware of Uber, or maybe you’ve heard the name but never really understood what they did. Basically, Uber is an app-based ridesharing service, which means they operate through a smart phone application or web browser. This application allows riders and drivers to connect (...)
Hackers: Affecting Small Businesses
It should be of no surprise that in today's society with technology advances, social media, and new privacy laws, that cyber threats have become a growing concern among businesses. These threats are not just for large retailers either like Walmart or Home Depot, hackers are targeting small businesses as well (...)
What is a Bitcoin?
Bitcoin is a relatively new form of digital currency that is just beginning to hit the mainstream, but many people still don't understand why they should make the effort to use it, or what it even is for that matter. Bitcoin has definitely opened the door for discussion in the insurance industry (...)
Would You Lie To Your Insurance Company? What’s The Harm?
In a poll of 2,000 adults, one-in-five (20 percent) admit to lying to their insurance company, despite a separate 82 percent knowing that wrong information registered on an insurance form can render the policy invalid. So why do people lie to their insurer? The reasons are varied (...)