Author: Insurance Business Canada The rollout of cannabis legalization in Canada has been anything but smooth, but the insurance market is continuing to evolve and change for the better. “There are now more providers who are cannabis specialists that are operating at higher capacity – they’re adding staff to deal with the inflow of submissions and…
Knowing how to respond in the event of a wildfire is a concern and responsibility of the entire community and it could help save your life and the lives of others as well. Human-caused fires account for just over half of all wildfires in Canada, with lightning strikes causing the majority of the remainder, according…
The past few years have brought many new changes to one of the world’s most traditional industries. Some insurance start-ups are challenging the established order with enhanced distribution models that focus on digitalizing the insurance process. The Insurance Brokers Association of Manitoba (IBAM) is slow to warm up to a recent plan formed by Manitoba…
Determining who is liable for water damage can be a fairly complicated task. As an owner of a condo unit, if the condo unit above you has an overflowing toilet that causes water damage to your ceiling and floor, they should have to cover your insurance deductible, right? Wrong. Unless the unit owner can be…
It’s that time of year where The Masters Tournament rolls around and the weather across Canada slowly warms up. Soon you’ll be booking a tee time at your local course. Whether golfing is a hobby or a profession, it is important to understand the liabilities of golf and to make sure that you are covered…
Inass Mohmed, a resident of Hamilton, Ontario got into a car accident and soon after discovered that the insurance she had purchased was fake. After Mohmed got into the collision, she took what she thought was the responsible next step and called her insurer to report the claim. This is when she found out that…
Budding cannabis businesses have a variety of licence classes and subclasses to choose from. One of these is the nursery designation, which provides a unique opportunity for those interested in cannabis genetics to develop new varieties of high-quality cannabis and to then sell those strains to other cannabis producers who in turn will grow them…
Whether you are commuting to and from the office, or drive around during your work day, it is important to know what is covered under your personal auto insurance policy. If you are simply using your vehicle to get you to and from work or a meeting—than you should still be protected under your personal…
One sector of the burgeoning cannabis industry with its eye on the prize amid Canada’s shortage debate is the micro-cultivating market.
In recent news, former bookkeeper Colleen Dhuga, of Kelowna, BC, pleaded guilty to stealing $1.2 million from her Calgary employer over a six-year period, claiming that her gambling addiction was to blame when she was confronted by her employer. Dhuga admitted to forging hundreds of cheques and stealing from multiple company credit cards. She attempted…