Canada: Insurance Laws and Products

Ontario's Ministry of Finance has released a consultation paper proposing significant changes to the licensing framework for managing general agents (MGAs) in the life and health insurance sector. The proposed amendments narrow the definition of MGAs, eliminate the sub-MGA concept, and establish new regulatory standards for activities like recruiting and training agents. What will these changes mean for insurance intermediaries and the broader distribution landscape in Ontario?

Lorsqu’une police d’assurance est rédigée en termes clairs et non équivoques, les tribunaux doivent lui donner plein effet et s’abstenir d’en neutraliser les exclusions par le jeu des règles d’interprétation. C’est le rappel que fait la Cour suprême du Canada dans l’arrêt Emond c. Trillium Mutual Insurance Co., où elle réitère le cadre applicable à l’interprétation des contrats d’assurance.

Who bears the cost when a deal goes sideways? This article examines how representation and warranty insurance has become an increasingly important tool in Canadian M&A transactions for managing risk allocation between buyers and sellers. It explores when RWI enhances deal outcomes versus when traditional risk allocation mechanisms remain the better choice.

In Small v Northbridge General Insurance Company, 2026 ON LAT 21072, the Ontario Licence Appeal Tribunal (“LAT”) held that an insurer cannot justify an additional in-person independent examination (“IE”) simply...

When hitmen attempted to murder a lawyer for her work exposing conspiracies to commit insurance fraud, her law firm’s business collapsed. The threat of the hitmen returning meant that the firm’s office was no longer safe. The firm’s insurer clients withdrew out of fear they might also be targeted. Compounding the firm’s problems, the firm’s insurance provider refused to indemnify the firm for their loss of income beyond the brief period it took to repair the bullet holes in the office.

Ontario's auto insurance landscape is undergoing a fundamental transformation as mandatory accident benefits become optional.

This bulletin reviews the main regulatory developments in insurance and financial services distribution in Québec over the past six months. As discussed below, the Autorité des marchés financiers (the “AMF”) and the government of Québec have been active during this period.

Les règles de divulgation obligatoire du Canada, en vigueur depuis près de trois ans, imposent des exigences de déclaration pour certaines opérations d'évitement fiscal. Cet article examine l'impact pratique de ces règles, particulièrement les opérations à déclarer qui ont suscité le plus d'inquiétude en raison des pénalités importantes et des difficultés d'interprétation.

When multiple drivers contribute to a collision in Ontario, understanding how shared responsibility affects your right to compensation becomes crucial.