Canada: Insurance Laws and Products

Being seriously injured in a motor vehicle collision is life-altering on its own. Discovering that the at-fault driver does not have enough insurance to fully compensate you can make an already difficult situation...

The Reporter provides a monthly summary of Canadian federal legislative and regulatory developments of relevance to federally regulated financial institutions. It does not address Canadian provincial financial services legislative and regulatory developments. In addition, purely technical and administrative changes (such as changes to reporting forms) are not covered.

Ontario's Statutory Accident Benefits Schedule provides home modification benefits for individuals with catastrophic injuries from motor vehicle accidents. This comprehensive analysis examines the legislative framework, practical application, and key legal precedents that determine when home renovations are deemed reasonable and necessary, exploring disputes over quantum, scope, and the balance between accommodation needs and windfall prevention.

Property insurance policies often contain same site clauses that restrict replacement cost coverage to rebuilding at the exact original location. When zoning changes, land use restrictions, or lease complications make rebuilding impossible, property owners and tenants may face significant financial shortfalls unless they secure a same site deletion endorsement.

Ontario is implementing major changes to auto insurance accident benefits starting July 1, 2026, shifting most coverage from mandatory to optional. Income replacement, caregiver benefits...

The Supreme Court of Canada has recognized a novel intentional tort of intimate partner violence, fundamentally changing how coercive and controlling conduct in relationships is addressed under Canadian law. This landmark decision introduces a pattern-based approach that extends beyond traditional assault and battery claims, creating significant implications for liability insurers navigating policy exclusions and coverage disputes. As this new tort evolves beyond family law contexts into workplace harassmen

Understanding accident benefits is crucial for protecting yourself and your family after a motor vehicle collision. Ontario's auto insurance system provides specific coverage options that can significantly...

Big Changes Take Effect July 1st - Know The Impact (Video)

In Certas Home and Auto Insurance Company v. Okenge, the Ontario Divisional Court upheld a LAT decision finding that a 19 year old university basketball player injured in a motor vehicle accident while living...