Question 1 - What is an insurance hard market? Is Canada currently experiencing an insurance hard market?

Question 2 - Referring to: 1977 CanLII 1182 (ON CA) | Fine's Flowers Ltd. et al. v. General Accident Assurance Co. of Canada et al. | CanLII

After reviewing the Court of Appeal's decision in Fine Flowers, do you believe Sara (the broker) and David (the underwriter) behave lawfully with respect to renewing these property insurance policies?

Question 3 - What is the difference between acting lawfully and acting ethically? In your opinion, are Sara (the broker) and David (the underwriter) behaving in an ethical manner? Why or why not?

Question 4 - In your opinion, to what extent are Sara's clients responsible for ensuring that they have adequate coverage or limits on their property insurance policy renewal?