Keyword
marijuana legalization
Four years after marijuana legalization: What are auto claims looking like?
December 14, 2022 Jason ContantMarijuana legalization in Canada has shown “no statistically significant changes in the average cost per claim and claim frequency,” according to a new report from the Canadian Institute of Actuaries (CIA) and the Casualty Actuarial Society (CAS). “The literature review…
Ontario police sound alarm over impending pot legalization
May 15, 2018 Nicole Thompson - THE CANADIAN PRESSTORONTO – Ontario’s chiefs of police are again sounding alarm bells about the impending legalization of recreational cannabis, saying federal funding for police operations may not go far enough to cover increased costs. At a news conference held by the…
How can you tell if your client is driving while stoned?
January 15, 2018 by Greg MeckbachAs Canada moves closer to legalized pot, a sure-fire way of testing drivers for cannabis impairment remains elusive. Bill C-45, currently before the Senate, would make possession of up to 30 grams of recreational marijuana legal. Bill C-46, a companion…
Pot law renews industry call for drug testing of commercial drivers
January 11, 2018 by Greg MeckbachThe federal government’s push to legalize recreational marijuana is raising concerns within the insurance industry about commercial auto safety and eliciting calls for random drug testing among commercial drivers. Once marijuana is legal, this will “have an impact on the…
Insurers should prepare messaging on responsible pot use
January 9, 2018 by Greg MeckbachThe insurance industry has an important role to play in advising drivers how much marijuana, if any, they can use and still be safe on the road, a safety advocate says. Prime Minister Justin Trudeau may be perceived as “too…
How marijuana legalization could affect accident benefits
November 17, 2017 Jason Contant, Online EditorThe upcoming legalization of marijuana will have a “resultant effect upon the accident benefits and damages recovered by those involved in motor vehicle accidents,” one lawyer suggested to Canadian Underwriter on Thursday. In Ontario, entitlement to income replacement benefits, non-earner…
Alberta drafts framework to manage cannabis legalization
October 6, 2017 by Canadian UnderwriterAlberta has become the latest province to draft framework to manage cannabis legalization ahead of the federal government’s plans in July of 2018. Albertans are invited to provide feedback on the draft framework by midnight MT on Oct. 27. A…
New Brunswick establishes Crown corporation to oversee non-medicinal cannabis
September 18, 2017 by Canadian UnderwriterThe Government of New Brunswick announced on Friday that a Crown corporation has been established to oversee the sale of non-medicinal cannabis in the province. The provincial Departments of Finance and Health said in a press release that the government…
LCBO to oversee 150 standalone cannabis retail stores, Ontario government says
September 11, 2017 by Canadian UnderwriterThe Liquor Control Board of Ontario (LCBO) will oversee approximately 150 standalone cannabis retail stores, the provincial government said on Friday as part of its “safe and sensible framework” to manage the Government of Canada’s plan to legalize cannabis by…
With marijuana legalization impending, now is not the time to lower the legal alcohol limit, CAA-Quebec argues
August 9, 2017 by Canadian UnderwriterThe federal government’s proposal to explore lowering the legal alcohol limit for drivers in a bid to improve road safety is “commendable,” but with cannabis due to be legalized in less than a year, now is not the right time…
Legalizing recreational marijuana linked to increased crashes: U.S. Highway Loss Data Institute
June 23, 2017 by Canadian UnderwriterLegalizing recreational marijuana use in Colorado, Oregon and Washington has resulted in collision claim frequencies that are about 3% higher overall than would have been expected without legalization, according to a new analysis from the Highway Loss Data Institute (HLDI).…
How legalizing pot will affect your insurance policies
June 5, 2017 Jason Contant, Online EditorThe impending legalization of marijuana in Canada raises a number of legal issues related to property insurance policies, Michael Teitelbaum, a partner with Hughes Amys LLP, said last week at ARC Group Canada’s 2017 annual seminar and cocktail event. In…