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Legislation / Regulation


News InsuranceLegislation / RegulationMergers and Aqcuisitions

New Ontario financial authority should monitor auto insurers with ‘unusual number’ of LAT appeals: Marshall

April 12, 2017 by Canadian Underwriter

Neither the behaviour of personal injury lawyers nor “excess profits” of insurers are to blame for high auto premiums in Ontario, but the government should consider restricting lawyers’ contingency fees, a special advisor to the provincial government suggested in a

News InsuranceLegislation / RegulationMarkets / CoveragesReinsurance

“New normal” may be emerging in global energy insurance markets: Willis Towers Watson

April 12, 2017 by Canadian Underwriter

The energy sector is still beset by some significant challenges, including low oil prices, but there may also be a “new normal” emerging in the global energy insurance market, according to global advisory, broking and solutions company Willis Towers Watson

News InsuranceLegislation / RegulationMarkets / Coverages

Hospital-based examination centres should provide Ontario auto accident treatment plans: Marshall

April 12, 2017 by Canadian Underwriter

Ontario should not move to a government-run auto insurance system but the province should establish hospital-based examination centres with authority to establish treatment plans that would have to be provided by the insurers, without dispute, a special advisor to the

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 CatastrophesInsuranceLegalLegislation / RegulationMarkets / Coverages

Lawyer warns pollution lawsuits in Alberta can proceed ‘well past the ultimate limitation period’

April 10, 2017 by Canadian Underwriter

A plaintiff could file a pollution lawsuit in Alberta “well past” the end of the limitation period, even if a hazardous substance was released more than 50 years ago, a lawyer warned in a recent blog post. Alberta’s Environmental Protection

News InsuranceLegislation / RegulationProfessional DevelopmentTechnology

Sharing economy not fully served by insurance industry, but opportunity is there: Kovacs

April 9, 2017 Jason Contant, Online Editor

The sharing economy is not fully served by the insurance industry right now, but the opportunity is there, Paul Kovacs, founder and executive director of the Institute for Catastrophic Loss Reduction, said on Thursday at the CIP Society Symposium 2017.

News CatastrophesInsuranceLegislation / RegulationMergers and Aqcuisitions

Enhancements to Alberta wildfire regulations take effect

April 4, 2017 by Canadian Underwriter

New wildfire protection regulations have taken effect in Alberta. The enhancements to the Forest and Prairie Protection Act regulations took effect on March 31, Alberta Agriculture and Forestry noted in a press release issued last week. The enhancements include: new

News InsuranceLegalLegislation / RegulationMergers and Aqcuisitions

Bill proposing increase in careless driving fines to be tabled soon in Ontario

March 30, 2017 by Canadian Underwriter

A bill proposing a minimum $2,000 fine, under Ontario’s Highway Traffic Act, for careless driving causing death or bodily harm, will be re-introduced in the legislature, a Hamilton-area MPP said Thursday. Bill 213, An Act to amend the Highway Traffic

News InsuranceLegislation / RegulationMarkets / CoveragesTechnology

Office of the Privacy Commissioner of Canada to fund project on connected cars code of practice

March 30, 2017 by Canadian Underwriter

The Office of the Privacy Commissioner of Canada will soon be funding an arms-length project to develop a code of practice for connected cars, weighing a balance between information flow and privacy protection. “The benefits available to Canadians through the

News InsuranceLegislation / RegulationMarkets / Coverages

Manitoba government launches review of two pieces of privacy legislation

March 29, 2017 by Canadian Underwriter

The Government of Manitoba announced on Wednesday that it is reviewing two pieces of privacy legislation: the Personal Health Information Act (PHIA) and the Freedom of Information and Protection of Privacy Act (FIPPA). The government is inviting residents to provide

News InsuranceLegalLegislation / RegulationMergers and Aqcuisitions

Supreme Court of Canada bars lawsuits against hospital, police by auto accident victims compensated by SAAQ

March 27, 2017 by Canadian Underwriter

An auto accident victim who is compensated by Quebec’s public automobile insurance plan cannot sue a third party for an “aggravated” or “separate” aspect of the injury, provided there is a “plausible, logical and sufficiently close link” between the accident

News CatastrophesInsuranceLegislation / RegulationMarkets / CoveragesMergers and Aqcuisitions

Saskatchewan government announces steps to improve pipeline regulations following 2016 Husky spill

March 27, 2017 by Canadian Underwriter

The government of Saskatchewan has announced steps to improve pipeline regulations after the completion of its investigation into last July’s Husky pipeline oil spill. Energy and Resources Minister Dustin Duncan announced last week that the Ministry of the Economy had