Author: Kyle Muscat The cannabis industry has offered a meaningful opportunity for budding entrepreneurs. However, along with this, cannabis businesses also face unique risks and liabilities associated with their operations. One essential aspect of risk management for cannabis producers comes in the form of Commercial General Liability (CGL) insurance. In this article, we’ll dive into the significance of […] The post Commercial General Liability (CGL) for Cannabis Producers appeared first on FCA Insurance ..read more

Establishing and following a rigorous sub-trade prequalification practice is a key part of risk management for all general contractors; however, the implementation of such a practice can be challenging at the best of times. The post The Generals: Mitigating Sub-Trade Risk through Surety Bonding appeared first on FCA Insurance ..read more

The ability to adapt and change on the fly has been a key component of any successful strategy for a construction company in 2020. What began as a very promising year, quickly became one filled with uncertainty as jobsites closed and offices shuttered with the onset of the COVID-19 pandemic. The post Surety Corner: The impact of COVID-19 on the surety bonding industry appeared first on FCA Insurance ..read more

As we head towards 2021, there remains a high degree of economic uncertainty due to the ongoing COVID-19 pandemic. This uncertainty most definitely extends itself to the construction industry. The post Surety Corner: How to avoid the dreaded ‘no’ appeared first on FCA Insurance ..read more

There are currently over 10 surety companies writing construction surety in Canada. At heart, it is important to remember that surety companies are financial institutions. It is their job to measure and quantify the risk of a contractor’s business and to decide how much surety support they will provide. The post Surety Corner: Inside the mind of a surety company — general and subcontractor edition appeared first on FCA Insurance ..read more

Establishing and following a rigorous subtrade prequalification practice is a key part of risk management for all contractors; however, the implementation of such a practice can be challenging. The common rationale of “we know these guys” is a common pitfall when looking at subtrade risk management. The post Surety Corner: Mitigating subtrade risk through surety bonding appeared first on FCA Insurance ..read more

As we head towards 2021, there remains a high degree of economic uncertainty due to the ongoing COVID-19 pandemic. This uncertainty most definitely extends itself to the construction industry. The post Surety Corner: What does 2021 hold for the construction industry? appeared first on FCA Insurance ..read more

The ability to adapt and change on the fly was a key component of any successful strategy for a construction company in 2020. What began as a very promising year, quickly became one filled with uncertainty as job sites closed and offices shuttered with the onset of the COVID-19 pandemic. Thankfully, our industry quickly found […] The post The impact of COVID 19 on surety bonding appeared first on FCA Insurance ..read more

Do you have questions about the new CCDC 2 Contract? Tune in to this webinar hosted FCA Surety and  WeirFoulds LLP. The post Coffee With Colleagues: Everything You Need to Know About the New CCDC 2 Contract appeared first on FCA Insurance ..read more

The world has evolved tremendously over the past 20 years and the surety world is no different. In the early 2000s, it was still common practice for contractors to send in their bond requests via fax machine. This meant that requests typically would come in at least a week prior to the tendering date and […] The post Surety Corner: Best surety practices at the tendering stage appeared first on FCA Insurance ..read more