Cannabis: Insurance & Risk Management Implications (Webinar)

LIVE on-line webinar, SK [Map]
Date and Time: June 05, 2018 11:00 a.m. - 1:00 p.m.
Mario Fiorino, Senior Counsel
Senior Counsel, Insurance Bureau Of Canada



As of July 1, 2018, Cannabis possession and consumption will be legal in Canada—immediately impacting all aspects of property and casualty insurance. In the lead up to this date, issues are being discussed as they arise and decisions are continuously being made regarding the many minute factors that this legalization will affect.

Are you keeping up-to-date on all the ways our industry will be impacted?

How will it affect your work as an insurance professional?
Your Insurance Institute is closely monitoring the situation, along with our friends at the Insurance Bureau of Canada. In this half-day session, we’ll bring you up-to-the-minute information on the changing regulatory and risk landscapes and corresponding potential solutions.

What you will learn:
You will leave this seminar with an advanced understanding of insurance-specific implications of cannabis as at the date of the seminar—the knowledge you need to continue doing your job effectively.

Who should attend:
All insurance professionals need to know about this: including brokers, underwriters and claims professionals.

Topics covered:

1. Exploration of new regulatory landscapes:

  • FEDERAL (production of marijuana) – operation of motor vehicles, heavy equipment and machinery, assessment of the technical aspect
  • PROVINCIAL (sales and distribution of marijuana) – understanding the patchwork rules, what is different provincially vs other jurisdictions
  • MUNICIPAL – applicable by-laws, tax implications

2. Review of the risks associated with possession and use of cannabis in the following contexts:

  • Automobile liability – the coverage implications of legislation, state of technology for testing, roadside test pilot, new drug impaired offences
  • Social and commercial host liability – cannabis-related impairment, development of common law negligence
  • Condominium management and directors duties – rules and responsibilities, how to balance rights of the individual vs the condo
  • Personal lines underwriting – medical users and non-medical users, human rights considerations
  • Commercial lines underwriting – commercial property underwriting and claims considerations
  • Commercial liability for producers and distributers – understanding the liability matrix
  • Consequential impact on trademark and intellectual property – identifying issues with IP including strains of cannabis and IP

Seminar leaders:

Mario Fiorino, BA, LL.B, M.Ed. -Senior Counsel, Insurance Bureau of Canada
Mario Fiorino is Director  Legal and Senior Counsel at the  Insurance Bureau of Canada, where he is coordinator of the National Commercial Lines Standing Committee. Mario has a national practice and provides legal, business and government relations support to all IBC regional offices. Mario has delivered presentations on risk management, regulatory compliance, and liability trends across Canada and internationally.

Marc Lefebvre, BA - Underwriting Coordinator, Insurance Bureau of Canada
Marc is active member of IBC’s CAMP team, which deploys to areas affected by large claims events. Marc was in Fort McMurray for the return of evacuees in 2016 and Kamloops, BC in 2017 after the wildfires to meet with consumers and answer their insurance related questions.

CE Credit: 2 hours

*** Late arrival or early departure results in no CE hours issued as per the Insurance Council of Saskatchewan regulations.  For a webinar, this includes a transmission disruption due to unresolvable technical issues.  Partial hours cannot be issued. ***

- Your Insurance Institute of Saskatchewan membership must be up-to-date. If it isn't, you will be prompted to update it.
- In order to be eligible for Continuing Education hours, you must be logged in for the duration of the entire webinar, attendance will be taken throughout.
- This webinar will be streamed live on June 5/18 only.
Spaces are very limited. First come, first served.
- Email us if you have any questions:

Please read the following carefully before registering:

24 hours prior to the webinar, all registrants will receive an e-mail providing the direct link to the Webinar.

Our webinar platform is the latest version of Adobe Connect. It no longer supports Internet Explorer 7 or 8. Those using Chrome, Safari, and Internet Explorer 9 will not be prevented from entering the virtual classroom but may encounter issues related to connectivity. For an optimal webinar experience, guests are advised to use Firefox or Internet Explorer 10.

AUDIO: Headphones or speakers connected to your computer are required for this webinar.