Canada: Insurance

In Emond v. Trillium Mutual Insurance Co., the Supreme Court of Canada addressed a consequential question for property insurers and homeowners: how far does...

The Government of British Columbia has introduced a new restricted agency licensing regime to regulate incidental sales of insurance by certain non-insurance businesses...

A recent LAT decision reaffirms the insurer's obligation to provide timely benefits despite concerns over priority. Where claimants satisfy the low threshold of establishing...

Over the past decade, Jamaica has built a multi-layered financial protection system to manage natural disasters. This strategy is now being tested after Hurricane Melissa devastated the island, causing widespread destruction to homes, roads, and infrastructure.

The remaining Phase of OSFI's review of reinsurance contemplates possible changes to the MCT and LICAT capital guidelines, though no firm dates or timing for such changes have been released to date.

As anticipated in our 2024 Year in Review, there were several developments in the regulation of the insurance sector in Canada in 2025.