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	<title>The Risk Factor</title>
	<link>http://www.theriskfactor.ca</link>
	<description>A blog by Randy Bushey demonstrating that knowledge is the first step in managing risk.</description>
	<lastBuildDate>Wed, 01 Sep 2010 14:08:08 +0000</lastBuildDate>
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		<title>Multi-Million Dollar Settlements – How do they occur?</title>
		<description><![CDATA[Large legal settlements in the headlines often leave readers assuming a legal conclusion to a horrendous event involving multiple fatalities and severe injuries.
But multi-million dollar settlements often result from relatively ordinary activities and incidents – and to a single victim.
Take the example of Michelle Danicek who, earlier this month, was awarded almost $6 million for [...]]]></description>
		<link>http://www.theriskfactor.ca/rb/multi-million-dollar-settlements-how-do-they-occur/</link>
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		<title>The Next Unforeseen Risk&#8230;Bedbugs?</title>
		<description><![CDATA[How many of us had grandmothers that chimed in with “sleep tight and don’t let the bedbugs bite” as we children toddled off to bed?
Well, bedbugs are back – biting, causing rashes and doing it with a vengeance!
Toronto Public Health reports they have “received an increase in calls regarding bed bugs” in the last few [...]]]></description>
		<link>http://www.theriskfactor.ca/rb/the-next-unforeseen-risk-bedbugs/</link>
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		<title>Hybrid Cars &#8211; More Fuel Efficient, but&#8230;</title>
		<description><![CDATA[Ever since Ferdinand Porsche developed the world’s first gasoline-electric vehicle in 1900 (pictured), manufacturers have toyed with the concept of using alternate energy sources to drive gasoline-powered cars.
But the hybrid gas-electric vehicle did not become widely available until the Toyota Prius was introduced into Japan in 1997.
Once the novelty of the eco-conscious driver, hybrids are [...]]]></description>
		<link>http://www.theriskfactor.ca/automobile/hybrid-cars-more-fuel-efficient-but/</link>
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		<title>Auto Insurance Fraud – Ontario’s Runaway Train?</title>
		<description><![CDATA[It’s a fact: fraud costs in Ontario vehicle insurance dramatically exceed that of any other part of the country.
And Ontario drivers are paying heavily for that dubious distinction.
It is calculated that of Ontario’s $9 billion in annual auto premiums, $1.3 billion is paid out on suspected fraudulent claims –  and not for glass and metal.  [...]]]></description>
		<link>http://www.theriskfactor.ca/automobile/auto-insurance-fraud-ontarios-runaway-train/</link>
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		<title>Ontario Auto Insurance Reform &#8211; Less Coverage, More Cost?</title>
		<description><![CDATA[﻿Some observers are scornfully characterizing the process as a shell game: Ontario motorists are being told that they are being given more choice, but after September 1, 2010 many will pay more premium for potentially serious reductions in coverage.
The government’s automobile insurance regulator is reporting that 2010 Q2 automobile average rates decreased by 1.03% (rated [...]]]></description>
		<link>http://www.theriskfactor.ca/rb/ontario-auto-insurance-reform-less-coverage-more-cost/</link>
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		<title>Ontario Consumer Alert – Phone scam attempting to defraud Aviva customers</title>
		<description><![CDATA[Canadian Consumers are advised of a current fraud scheme. Phone calls are being made to Ontario consumers stating that upcoming auto insurance regulatory changes will reduce their current coverage. The callers identify themselves as Aviva representatives and then ask for the customer’s credit card information.
This is an attempt to steal your money.
Aviva does not contact [...]]]></description>
		<link>http://www.theriskfactor.ca/rb/ontario-consumer-alert-phone-scam-attempting-to-defraud-aviva-customers/</link>
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		<title>2010 – A Record-setting year for Catastrophes?</title>
		<description><![CDATA[So far, 2010 has seen an exceptionally large number of global natural catastrophes taking lives and damaging vital infrastructure.  And for most of us, this news is so common, we’ve largely forgotten the dimensions of each tragedy.
According to industry definition, the first half of 2010 saw 440 catastrophic events around the globe.  Losses of US$70 [...]]]></description>
		<link>http://www.theriskfactor.ca/rb/2010-a-record-setting-year-for-catastrophes/</link>
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		<title>Theft &#8211; the risk of “summertime” opportunity</title>
		<description><![CDATA[&#8220;Summer is a time when a lot of people go on vacation, and criminals know that, too,&#8221; says Const. Isabelle Cotton of the Toronto Police Service. &#8220;They are looking for those houses where there are no lights and the drapes are down. Make sure your place looks like someone is living inside.&#8221;
In most cases, common [...]]]></description>
		<link>http://www.theriskfactor.ca/rb/theft-the-risk-of-summertime-opportunity/</link>
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		<title>Congratulations Tiffany Hann!</title>
		<description><![CDATA[Congratulations to Tiffany Hann, the winner of the Accidents Waiting to Happen contest.  Thank you to everyone who participated!
]]></description>
		<link>http://www.theriskfactor.ca/accidents-waiting-to-happen/congratulations-tiffany-hann/</link>
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		<title>How to know if you are legally liable</title>
		<description><![CDATA[As trusted advisors, we often have clients describing situations, concluding with the question: “Am I legally liable for this?”
The most definitive answer can only come from a court after considering the circumstances and evidence.
But the test of legal liability – also called a tort – is fairly simple:

did one party owe another a duty of [...]]]></description>
		<link>http://www.theriskfactor.ca/rb/how-to-know-if-you-are-legally-liable/</link>
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