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Results: 1-10 of 17

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


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”


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


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


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


New class of “product warranty insurance” in Alberta
  • Cassels Brock & Blackwell LLP
  • Canada
  • October 10 2012

Changes to the Alberta Insurance Act (the “Act”) went into effect on July 1, 2012


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”


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


Alberta Court of Appeal upholds decision that extended warranties are not insurance for tax purposes
  • Cassels Brock & Blackwell LLP
  • Canada
  • July 28 2011

On July 21, 2011, the Court of Appeal of Alberta released its decision in Brick Protection Corporation v Alberta (Provincial Treasurer), 2011 ABCA 214 (“Brick Protection”


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”