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News BrokersInsuranceLegalLegislation / RegulationReinsuranceRisk

OSFI’s third-party guidance to include insurer-broker contracts

October 12, 2022 by David Gambrill

Canada’s solvency regulator is preparing guidance that legal experts say will shift the scope of the regulator’s concerns about outsourcing data and technology to a much broader inquiry about insurers’ arrangements with third parties generally — including with broker partners.

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News Commercial LinesInsuranceLegal

Lawyers on boutique D&O: Don’t just take your broker’s word for it

February 16, 2022 by David Gambrill

For boutique D&O coverages, a law firm says companies should be bringing in a lawyer to look at the contract coverage and not just rely on the opinion of the insurance broker about coverage. This is particularly true in business

News InsuranceLegislation / Regulation

Ontario home inspector licensing bill ready for royal assent

April 11, 2017 by Canadian Underwriter

Ontario politicians voted unanimously Monday in favour of a bill that will mandate licensing of home inspectors in the province and will let the government and consumer services minister regulate insurance requirements. Bill 59, an omnibus bill that also introduces

News InsuranceLegalMarkets / CoveragesMergers and AqcuisitionsProfessional Development

Lawyer explains why some federally-regulated employees cannot be dismissed without cause

November 30, 2016 by Canadian Underwriter

A Supreme Court of Canada ruling released in July has “huge ramifications” for employers in the trucking industry, while a more recent decision provides guidance on interpreting standard-form contracts, a lawyer suggested Tuesday to insurance professional in Toronto. In its

News InsuranceLegalMarkets / Coverages

Builder’s risk policy must cover windows damaged by cleaning on building under construction: Supreme Court of Canada

September 16, 2016 by Canadian Underwriter

Insurance firms writing an all risks policy for an office building under construction in Edmonton must cover the multi-million dollar cost of replacing windows damaged by cleaning, despite an exclusion for “the cost of making good faulty workmanship,” the Supreme