The Canadian commercial property insurance market is in a meaningful soft cycle, and the data shows it. Commercial property rates fell 7% in Q4 2025, driven by numerous factors: the booming stock market, surplus capacity, and Canada’s insured weather losses dropping from $8.5 billion in 2024 to $2.4 billion in 2025, giving carriers considerably more… Continue reading Make the Soft Market Work for Your Clients
At PMU Specialty, we’re proud to have some of the best in the business on our team. Today, we’re shining a spotlight on a true industry titan: Mashood Ali, our very own Underwriter King! Mashood’s journey in insurance started in Ontario, where he graduated from York University in 1997 with a political science degree. A… Continue reading Introducing Mashood Ali: The Underwriter King
As a business owner, you’re constantly evaluating products and services pitched as essential to your success. While it’s wise to be selective, one type of coverage that should never be dismissed is professional liability insurance. Often known as Errors and Omissions (E&O) insurance, this coverage is a critical supplement to your standard package policy (such… Continue reading Beyond the Basics: Why Your Business Needs Professional Liability Insurance
As a heating, ventilation, and air-conditioning (HVAC) contractor, you are an essential service provider, restoring comfort to homes and businesses. When you fix a furnace in the dead of winter or an air conditioner during a sweltering heatwave, you’re a hero. But this vital work comes with significant risks. An employee could be injured on… Continue reading Complete Climate Control: Is Your HVAC Business Protected from Risk?
In the dynamic and high-stakes world of construction, architects and engineers are the vanguard of innovation, shaping the very structures that define our skylines and communities. With this immense responsibility comes a significant level of professional risk. Every line drawn, every calculation made, and every material specified carries the weight of potential liability. In this… Continue reading Navigating the Blueprint for Success: Why Professional Liability Insurance is Non-Negotiable for Architects and Engineers
For any professional involved in a new construction or major renovation project, from the general contractor to the property owner, a builder’s risk insurance policy is an indispensable tool. However, not all builder’s risk policies are created equal. A generic policy might leave you exposed to significant financial loss. It’s critical to ensure that the… Continue reading Building on a Solid Foundation: Is Your Builder’s Risk Insurance Truly Protecting You?
