Breaking Insurance Industry News

CHES Special Risk opens Montreal-based office

Aug. 15, 2018 - CHES Special Risk Inc. has announced the opening of their office in Montreal, Quebec and the launch of CHES Solutions Spécialisées, offering brokers in Quebec access to the product offerings by the MGA. Gabriel Morneau has joined CHES ...
More details

Climate change to make hailstorm damage worse

Aug. 15, 2018 - Hailstorms inflict billions of dollars in damage yearly in North America alone, and the cost will rise as the growing population builds more homes, offices and factories, climate and weather experts say. The role of climate change in hailstorms is ha ...
More details

Hub International introduces cannabis insurance

Aug. 15, 2018 - Hub International Limited (HUB) has announced the launch of its cannabis insurance and risk services, an offering under its Agribusiness & Farm Specialty Practice, to provide medical and recreational cannabis producers, distributors and retailer ...
More details

U.S. renters underestimate the value of insurance

Aug. 15, 2018 - With more than 43 million renter-occupied units, the number of renters in the U.S. is near an all-time high. However, only 41% of renters carry renters insurance, a substantial difference from 95% of homeowners who carry homeowners insurance policies ...
More details

Weed’s want ads longer, marijuana job searches up as industry grows: study

Aug. 14, 2018 - The growth of Canada’s soon-to-be-legal recreational pot industry is starting to create a small buzz among job hunters. The job website Indeed has released new numbers that show cannabis-related searches, while still small, were more than four ...
More details

Ontario gov’t to focus on road safety as cannabis is legalized

Aug. 14, 2018 - CAA South Central Ontario (CAA SCO) commends the Ontario government for signalling that road safety will be a top priority as cannabis becomes legal. CAA SCO believes more work is required to ensure all drivers are aware of both the dangers and pen ...
More details

Ontario to sell cannabis online in fall, in private retail stores next year

Aug. 14, 2018 - Recreational cannabis will be sold online in Ontario when legalized this fall and in private retail stores across the province early next year, the government announced Monday, reversing the previous administration’s plan to distribute cannabis ...
More details

IBAO moves CAIB exams online

Aug. 14, 2018 - The IBAO, in collaboration with the IBAC, is transforming the exams for their Canadian Accredited Insurance Broker (CAIB) program to a fully digital experience. Following three successful pilot programs, the IBAO will launch online CAIB exams on Dece ...
More details

California fires may make homeowners insurance harder to get

Aug. 13, 2018 - California homeowners may find themselves facing insurance headaches even if their houses weren’t affected by this year’s blazes. The California Department of Insurance had already warned this year that the increasing number and severity ...
More details

Lussier Dale Parizeau acquires Trinome Conseils

Aug. 13, 2018 - Lussier Dale Parizeau, a Quebec-based insurance broker, has acquired Trinome Conseils, a firm that develops customized solutions. This transaction is aligned with the growth and development strategy of Lussier Dale Parizeau, emphasizing its desire ...
More details