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Insurance Implications of Cannabis Legalization – Personal and Commercial Lines
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Insurance Implications of Cannabis Legalization – Personal and Commercial Lines

With recreational marijuana set to be legalized in October, the discussion of cannabis is a hot topic in Canada. One important question is what the impact of legalized marijuana will be on insurance. Join us to find answers to your burning questions. Members $110 / Non-Members $180

 Export to Your Calendar 2018-08-22
When: Wednesday, August 22, 2018
10:00 AM - 12:00 PM
Where: Online via webinar
Canada
Presenter: Mario Fiorino & Marc Lefebvre
Contact: Tara Keohan
1-800-318-0197


Online registration is available until: 2018-08-22
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Objectives

As of October 17, 2018, cannabis possession and consumption will be legal in Canada—immediately impacting all aspects of property and casualty insurance. Get up-to-the-minute information on the changing regulatory and risk landscapes and corresponding potential solutions. Develop an advanced understanding of the insurance-specific implications of cannabis legalization.


2.00 CE credits for General and Adjuster licences


Topics

Exploration of New Regulatory Landscapes

  • Federal (licensed producers)—the regulation of cannabis production
  • Provincial (sales and distribution of marijuana)—the patchwork rules, what is different in Alberta compared to that in other jurisdictions
  • Municipal—applicable bylaws, tax implications

Insurance Risks Associated with Possession and Use of Cannabis

  • Automobile liability—coverage implications of legislation, state of technology for testing, roadside test pilot, new drug-impairment offences
  • Social and commercial host liability—cannabis-related impairment, development of Common law negligence
  • Condominium management and directors' duties—rules and responsibilities, balancing the rights of the individual against those of the condo
  • Personal-lines underwriting—medical users and non-medical users, human rights considerations
  • Commercial-lines underwriting—commercial property underwriting and claims considerations

Insurance Risks Associated with Production and Distribution of Cannabis

  • Commercial-lines underwriting—commercial property underwriting and claims considerations
  • Commercial liability for producers and distributors—understanding the liability matrix
  • Trademark and intellectual property issues—such as strains of cannabis, tricks of the trade, and other intellectual property

Who should attend

All levels of brokers and adjusters


Price

Member $110
Non-Member $180

Mario Fiorino, BA, LLB, M.Ed. (facilitator)

Mario is senior counsel for the Insurance Bureau of Canada. As author, educator, lawyer, and former education manager for the Insurance Brokers Association of Ontario, Mario brings a unique perspective to the current challenges confronting all insurance professionals.


Marc Lefebvre (facilitator)

Marc Lefebvre has over twenty-five years of experience in the insurance industry. In July 2010, he joined Insurance Bureau of Canada (IBC) as underwriting coordinator, overseeing the activities of the Wordings Advisory Group and its various wording task forces and working groups that develop IBC industry benchmark wordings as a foundation for member companies to draft their own policy wordings.

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