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Two companies, one shareholder, only one named insured. What happens next?

March 14, 2023 by David Gambrill

A man who is the sole shareholder of two companies — one that owns a title deed to a building (and the only named insured on the policy), and one a commercial tenant of that same building — has an

News InsuranceLegalLegislation / RegulationMarkets / Coverages

Supreme Court ruling against electronics firm director raises concern of increasing exposure of individuals to oppression remedy claims

August 17, 2017 by Canadian Underwriter

A ruling last month by the Supreme Court of Canada means it will be more difficult for corporate directors to have oppression remedy lawsuits against them summarily dismissed by courts, a lawyer suggested Wednesday in a blog post. The decision

News InsuranceMarkets / CoveragesTechnology

Quebec online gaming vendor facing class-action shareholders lawsuit must disclose liability insurance policies: Court

January 17, 2017 by Canadian Underwriter

A Pointe-Claire, Québec-based online gaming company, whose former chief executive officer is facing insider trading charges, has been ordered to provide its general liability, errors and omissions, and directors’ and officers’ liability insurance policies to shareholders who are suing the

News InsuranceLegalLegislation / RegulationMergers and Aqcuisitions

Litigation privilege ‘can be asserted’ against administrative investigators, Supreme Court of Canada finds in ruling in favour of Aviva

November 28, 2016 by Canadian Underwriter

An insurer in Quebec can assert litigation privilege when the province’s self-regulating body for agents, brokers and claims adjusters demands a copy of an entire file on a claim, the Supreme Court of Canada suggested in a ruling released this