B.C. court rules Insurance Act and not PPSA governs priority dispute over unearned premiums

By Karunjit Singh ( October 28, 2025, 3:48 PM EDT) -- The B.C. Supreme Court has held that an insurance finance company’s security interest in unearned insurance premiums has priority over a lender’s general security interest registered under the B.C. Personal Property Security Act (PPSA)....