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Results: 1-10 of 17

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


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”


Manitoba proposing to implement restricted insurance agent licensing
  • Cassels Brock & Blackwell LLP
  • Canada
  • July 5 2011

In May 2011, the Insurance Council of Manitoba (“ICM”) issued a Proposed Regulatory Framework (“Framework”) on the regulation of the incidental sale of insurance (“ISI”


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


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


Proposed regulations for mutual property and casualty insurance company conversion
  • Cassels Brock & Blackwell LLP
  • Canada
  • March 19 2015

In connection with our previously issued e-Lert, the Department of Finance has recently released two draft regulations under the Insurance 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


The devil is in the details: BC case highlights consequences of insurance policies not having required contents
  • Cassels Brock & Blackwell LLP
  • Canada
  • November 10 2014

On November 6, 2014, the British Columbia Court of Appeal released its decision on Stroszyn v Mitsui Sumitomo Insurance Company Limited, 2014 BCCA


75 and 25 ceding limits lifted as of June 30, 2011
  • Cassels Brock & Blackwell LLP
  • Canada
  • February 18 2011

On February 3, 2011, His Excellency The Governor General in Council, on the recommendation of the Minister of Finance, made the Regulations Repealing the Reinsurance (Canadian Companies) Regulations and the Reinsurance (Foreign Companies) Regulations (the "Regulations"), which Regulations come into force on June 30, 2011


OSFI guideline establishes internal level of capital floor for federally-regulated insurers
  • Cassels Brock & Blackwell LLP
  • Canada
  • July 5 2011

On June 17, 2011, the Office of the Superintendent of Financial Institutions (“OSFI”) released Guideline A-4 Internal Target Capital Ratio for Insurance Companies (“Guideline A4”