Canadian Underwriter

Keyword
cannabis

News AdjustersClaims CanadaLegislation / Regulation

The number of Ontarians who drive stoned (hint: lots)

October 10, 2019 by Greg Meckbach

Hundreds of thousands of Ontarians have driven a vehicle while very high on cannabis, poll results released Wednesday by CAA South Central Ontario imply. One in five Ontario drivers surveyed, aged 19 through 70, are cannabis users, CAA SCO said

News InsuranceLegal

Quebec to appeal court ruling on homegrown cannabis

October 10, 2019 The Canadian Press

QUEBEC – The Quebec government says it will appeal a decision invalidating parts of Quebec’s cannabis law that prohibited home cultivation. On Sept. 3, Quebec Superior Court Justice Manon Lavoie ruled Quebec’s legislation infringed upon the jurisdiction of the federal

News Engineering

If cannabis dies, how expensive could the claim get?

October 8, 2019 by Greg Meckbach

If a hydroponics system fails and it’s tomatoes or peppers that are spoiled, that’s one thing. But what happens if it’s a legal cannabis facility? “The impact of cannabis on the [property and casualty] industry remains to be seen. We

News Insurance

The state of insurers’ risk appetite one year after pot legalization

September 12, 2019 by Greg Meckbach

Business clients in the cannabis industry are having a hard time finding some insurance coverages, A.M. Best Company Inc. warned in a report released Thursday. “Coverage available to canna-business owners remains in short supply,” A.M. Best said in its annual

Feature Markets / Coverages

Corporate Headwinds

August 1, 2019 Jeff Buckstein

Corporate boards in Canada face different exposures today than they did in the past. How has D&O insurance changed to help boards face these new challenges?

Feature AdjustersClaims CanadaLegal

Ask the right questions

June 17, 2019 Chloe Mathioudakis, Litigator, Field Law; and Erika Carrasco, Partner, Field Law

Post-marijuana legalization, how will adjusters know if a driver is “intoxicated”?

News InsuranceMarkets / CoveragesRisk

Over half of Ontario cannabis store openings delayed

April 3, 2019 Shawn Jeffords and Armina Ligaya - THE CANADIAN PRESS

Customers lined up at Ontario’s first brick-and-mortar cannabis stores on Monday, but fewer than half of the province’s government-licensed outlets were ready to open. The Progressive Conservative government had planned to have 25 private stores launch on April 1, but

News ClaimsLegislation / Regulation

Poison reports up in wake of cannabis legalization

March 18, 2019 THE CANADIAN PRESS

HALIFAX – Atlantic Canada’s largest children’s hospital is warning parents about the risks of edible weed after a flood of cannabis-related calls to its poison centre. The IWK Health Centre says it fielded three times as many cannabis calls to

News ClaimsInsuranceLegislation / Regulation

How recreational cannabis has created numerous challenges for insurers

March 14, 2019 by Greg Meckbach

Cannabis legalization is making things more complex for auto insurers and increasing risk for some commercial property clients, A.M. Best Company Inc. suggests in a recent report. About 25 insurers, most of whom are non-admitted, provide coverage for cannabis risks

Feature

Cannabis Confections

March 7, 2019 Jason Contant, Online Editor

The potential claims and underwriting effects of insuring marijuana edibles

News AdjustersClaimsInsuranceLegislation / Regulation

The type of claims that may arise from legalization of cannabis edibles

February 14, 2019 by Jason Contant

With the upcoming legalization of edibles containing cannabis this October, Canadian claims adjusters may see more indirect injury loss and damage claims, suggests a lawyer with Field Law in Calgary. Compared to regular smoked marijuana, edibles have a more delayed

News ClaimsLegislation / Regulation

Has Intact noticed the impact of pot legalization on auto claims?

February 6, 2019 by Greg Meckbach

Recreational cannabis has been legal for nearly four months, but it’s too early for Canada’s largest property and casualty insurer to tell whether it’s having an impact on auto claims frequency. Senior managers with Intact Financial Corp. were asked Wednesday