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Results: 1-10 of 17

Now in force regulations for mutual property and casualty insurance company conversion
  • Cassels Brock & Blackwell LLP
  • Canada
  • July 14 2015

On July 1, 2015, the regulations setting out the process for mutual property and casualty (or, P&C) companies to convert to share companies


Property & casualty insurance company conversion update: OSFI publishes application guide to clarify regulatory requirements
  • Cassels Brock & Blackwell LLP
  • Canada
  • January 7 2016

On December 29, 2015, the Office of the Superintendent of Financial Institutions (OSFI) issued a Guide for the Demutualization of Mutual Property and


Manitoba Insurance Act 2015 amendments
  • Cassels Brock & Blackwell LLP
  • Canada
  • January 12 2015

Heading into the new year, the need to streamline and harmonize insurance regulation across Canada continues to be an industry priority. In this


OSFI announces major reinsurance regulatory reforms
  • Cassels Brock & Blackwell LLP
  • Canada
  • September 12 2010

In 2008, the Office of the Superintendent of Insurance ("OSFI") launched a comprehensive policy review of its regulatory and supervisory approach to reinsurance


The clock is ticking and time’s up on January 1, 2015! All applications for reinsurance with related unregistered reinsurers are due by new year
  • Cassels Brock & Blackwell LLP
  • Canada
  • October 7 2014

At its Legislation and Approvals Division Seminar held on October 7, 2014 in Toronto, the Office of the Superintendent of Financial Institutions


CCIR releases issues paper: Electronic Commerce in Insurance Products
  • Cassels Brock & Blackwell LLP
  • Canada
  • February 15 2012

On February 6, 2012, the Canadian Council of Insurance Regulators (“CCIR”) released a CCIR issues paper entitled Electronic Commerce in Insurance Products (“Issues Paper”


Negative Option Billing Regulations to come into force August 1, 2012
  • Cassels Brock & Blackwell LLP
  • Canada
  • April 4 2012

The Negative Option Billing Regulations (“Regulations”) first released in March 2011 in draft form for public consultation were published in final form in the March 14, 2012 issue of the Canada Gazette Part II


Minister of Finance seeking consultation on demutualization of property and casualty mutual insurers
  • Cassels Brock & Blackwell LLP
  • Canada
  • July 19 2011

On June 30, 2011, the Honourable Jim Flaherty, Minister of Finance, launched public consultations to develop a framework to allow federally-regulated property and casualty (“P&C”) mutual insurance companies to convert to share companies (“Demutualization”


CCIR launching consultation process on MGA distribution model
  • Cassels Brock & Blackwell LLP
  • Canada
  • March 8 2011

The Agencies Regulation Committee ("ARC") of the Canadian Council of Insurance Regulators ("CCIR") recently released an issues paper entitled "Managing General Agencies Life Insurance Distribution Model" (the "Paper") and an invitation for stakeholder comment on the issues raised in the Paper


FSCO plans compliance audits and market conduct reviews of insurers and agents
  • Cassels Brock & Blackwell LLP
  • Canada
  • May 6 2011

Every June 30, the Financial Services Commission of Ontario ("FSCO") releases its Statement of Priorities & Strategic Directions ("Statement"), which sets out its proposed priorities for the fiscal year in connection with the administration of all Acts that confer powers on or assign duties to it or the Superintendent