Canada: Insurance

Premium credit cards often include rental car insurance, but many Canadians misunderstand what this coverage actually protects. While collision damage waivers may cover the rental vehicle itself, they typically exclude liability for injuries to others, personal belongings, and certain vehicle types. Understanding these limitations before declining the rental company's insurance can prevent costly surprises after an accident.

A serious traumatic brain injury can affect far more than a person’s physical health. Many people experience ongoing problems with memory, attention, fatigue, emotional regulation, relationships, and work. In the most severe cases, these impairments may qualify as a catastrophic impairment under Ontario’s Statutory Accident Benefits Schedule (“SABS”).

Notre bulletin du 29 avril 2025, Nouvelles normes en matière de conduite automobile : un aperçu de la gouvernance des véhicules autonomes et connectés[1], décrivait l'architecture réglementaire applicable aux véhicules autonomes et connectés (les « VAC ») au Canada, dans l'Union européenne et aux États-Unis, y compris les six niveaux d'automatisation de la Society of Automotive Engineers (la « SAE ») et le partage des compétences entre Transports Canada et les provinces.

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.

If your organization has been considering captive insurance lately, you’re part of a bigger trend. Even as parts of the insurance market begin to soften—with more competition and, in some lines...