Claims

Are cannabis edibles a “drug”? What adjusters should be asking

Claims adjusters’ questions should address potential policy wording dilemmas related to the upcoming legalization of cannabis edibles later this year, a lawyer told Canadian Underwriter recently. For example, consider the following question in the context of edible cannabis (or even recreational smoked marijuana): “In the past 24 hours, have you consumed any drugs, alcohol or […]

By Jason Contant | February 22, 2019

4 min read

How railway is dealing with Manitoba oil spill

LAZARE, Man. – CN is still tallying up the amount of oil spilled in a train derailment on a ranch in western Manitoba. “We are still determining volume estimates at this time,” company spokesman Jonathan Abecassis said in an email Thursday. The Transportation Safety Board has said 37 of 110 railcars went off the tracks […]

By The Canadian Press | February 22, 2019

2 min read

Next step for $2-billion building collapse lawsuit against Loblaws

A $2-billion class-action lawsuit against Canada’s largest food retailer could reach the Supreme Court of Canada. The bodily injury lawsuit against Loblaw Companies Limited was filed in 2015 in Ontario by victims of a 2013 commercial building collapse in Bangladesh. More than 1,100 died and thousands more were injured. Some of those victims worked for […]

By Greg Meckbach | February 21, 2019

3 min read

One solution for non-damage business interruption

Parametric insurance can help fill a gap in some policies by covering non-damage business interruption, a speaker said Tuesday at AXA XL’s Fast Forward LIVE event in downtown Toronto. Caused by a variety of factors, including severe weather conditions, non-damage BI affects multiple industries – including agriculture, food and drink, tourism and construction. For example, […]

By Jason Contant | February 21, 2019

2 min read