Breaking Insurance Industry News

Manitoba defends decision to bar individuals from growing their own cannabis plants

Feb. 20, 2018 - Manitoba is defending its decision not to allow people to grow their own when recreational marijuana becomes legal this summer. Education and Training Minister Ian Wishart says Manitoba’s position is all about protecting public health and safet ...
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IBC responds to Quebec’s plan to amend highway code

Feb. 16, 2018 - The Insurance Bureau of Canada (IBC) is pleased that Quebec’s Bill 165—An Act to amend the Highway Safety Code and other provisions—is addressing the issue of distracted driving. But the industry association is calling for even stri ...
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Doobie dos and don’ts: Alberta outlines specifics on cannabis sales

Feb. 16, 2018 - Alberta expects to issue 250 licences for cannabis stores this year, and says anyone who wants to run a weed shop will first undergo an exhaustive check ranging from tax records to mob ties. “We believe that our regulations will strike the righ ...
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Kicking Axe (and Taking Names) in London, Ont.

Feb. 16, 2018 - On February 8, the Insurance Institute’s Southwestern Ontario Chapter partnered for a 2nd year with the London Insurance Brokers Association to host an Axe Throwing Tournament in London, Ont. There was a great mix of brokers, insurers, adjuster ...
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Commercial property insurers seeking double-digit rate increases in high-risk areas: Willis Towers Watson

Feb. 16, 2018 - Commercial property insurers are looking at hiking their rates by as much as 25% in North American markets hit by natural catastrophes last year, according to Willis Towers Watson’s latest Property Market Update. The report says organizations t ...
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CEO Spotlight: Zurich Canada

Feb. 16, 2018 - This an edited excerpt from our December issue, where we talked to the CEOs of some of Canada’s largest insurers. Read the full story here. Zurich underwent a huge transformation last year, combining its global corporate and commercial markets ...
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Committee pushes ride hailing in B.C., makes recommendations on shape of service

Feb. 16, 2018 - Ride-hailing is on its way to British Columbia after the online services received the unanimous support of an all-party committee of the legislature on Thursday. The committee made 32 recommendations to help pave the way for introducing and regulatin ...
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Recreational marijuana won’t be legal in time for Canada Day

Feb. 16, 2018 - Canadians will have to wait until at least early August to legally purchase recreational marijuana. That’s the bottom line now that senators have struck a deal to hold a final vote on June 7th on legislation that will usher in the legal cannabi ...
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JLT Re names new North American SVP of cyber and E&O

Feb. 15, 2018 - JLT Re has appointed Erica Davis as senior vice-president, leading the company’s cyber and E&O practice in North America. “Bringing both Cyber and E&O expertise to our team, Erica will contribute to our ongoing growth and add to ...
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Audit says B.C. lacks climate change policies, especially on wildfires, flooding

Feb. 15, 2018 - British Columbia’s auditor general says the provincial government is working to adapt to the risks posed by climate change but it has no clear plan for wildfires and flooding. Carol Bellringer says there is little monitoring of progress and rep ...
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