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Canada Insurance Law Review Blog

Articles: 11-20 of 41

OSFI’s regulation of culture risk

Canada - December 10 2024 On November 21, 2024, the Office of the Superintendent of Financial Institutions Canada (OSFI) published a Regulatory Notice regarding Culture Risk…

Ontario Ministry of Finance releases proposed life and health managing general agent legislative framework

Canada - September 6 2024 On July 26, 2024, the Ontario Ministry of Finance (the MOF) released proposed legislative amendments (collectively, the Amendments) to the Insurance…

OSFI releases the final version of Guideline E-21: Operational Risk Management and Resilience

Canada - September 4 2024 On August 22, 2024, the Office of the Superintendent of Financial Institutions Canada (OSFI) released the final version of Guideline E-21:…

Le CCRRA publie un rapport sur le traitement équitable des clients par les assureurs canadiens

Canada - August 8 2024 Le 27 juin 2024, le Conseil canadien des responsables de la réglementation d’assurance (le « CCRRA ») a publié un rapport intitulé Mandat de…

British Columbia Financial Services Authority releases report with observations and recommendations regarding insurers’ oversight of functions delegated to intermediaries

Canada - August 7 2024 On July 24, 2024, the British Columbia Financial Services Authority (BCFSA) released a report (the Report) titled Insurer Oversight of Functions…

Canadian Council of Insurance Regulators releases report on governance and business culture regarding the fair treatment of customers by insurers in Canada

Canada - July 23 2024 On June 27, 2024, the Canadian Council of Insurance Regulators (CCIR) released a new report titled (the Report). The Report provides consolidated…

Mind the gap: Compliance in the era of digital insurance distribution, part two

Canada - June 17 2024 As with other types of online offerings, digital insurance products and services continue to evolve and are becoming increasingly personalized…

Mind the gap: Compliance in the era of digital insurance distribution

Canada - June 10 2024 Online purchasing has infiltrated every aspect of daily life. From ride-sharing and online retail and grocery purchases to travel and hotel bookings…

British Columbia regulatory update: Certain Vehicle Protection Products now considered automobile insurance

Canada - May 16 2024 On April 25, 2024, the British Columbia Financial Services Authority (the BCFSA) released Regulatory Statement No. 24-008 Product Warranty, Vehicle…

Important changes to the insurance industry in Québec following the adoption of Bill 30

Canada - May 14 2024 On May 9, the National Assembly of Québec passed Bill 30, entitled An Act to amend various legislative provisions mainly with respect to the…