Healthier Workplaces Help to Reduce Group Insurance Costs: Canada’s Manulife

Article 0 Comments When Canadians hit the gym, they’re not the only ones who benefit. Their insurers stand to gain as well. “If we can have a healthier workplace it is going to decrease disability costs, it’s going to decrease general health costs and we can then offer more competitive […]

Canada’s Intact Financial Not Planning to Insure Recreational Cannabis Industry

Article 0 Comments Don’t expect Intact Financial Corp., Canada’s largest property and casualty insurer, to insure the recreational-cannabis industry anytime soon. “It’s not seen as the pot of gold that we should chase after,” Chief Financial Officer Louis Marcotte said Tuesday at the Bloomberg Canadian Fixed Income Conference in New […]

Canadian Health Insurers Reluctant to Provide Cover for Medical Marijuana

Article 0 Comments Sun Life Financial, Canada’s No. 2 insurer, recently started covering medical marijuana in its Canadian health insurance plan – more than 17 years after the country first legalized it. The coverage, which requires employers to pay a premium, extends only to a handful of conditions as a […]