Insurance
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November 22, 2024
Lawyers raising concerns about Alberta’s no-fault auto insurance plans
Alberta has announced plans to bring in a predominantly no-fault auto insurance system by 2027, but lawyers in the province are saying the move is troublesome because it removes the right to sue in most cases and will likely not lead to the savings the province claims it will.
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November 21, 2024
OSFI quarterly release confirms change to mortgage stress test, offers risk-management updates
Canada’s federal banking regulator has issued a series of regulatory notes and guidelines on risk management, mortgage standards and reduced regulations as part of its quarterly release pilot.
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November 21, 2024
SCC judges will meet with local bar/bench, law students in Victoria next year
Canada’s top judges will meet, and take questions from, the bar, bench, public and law students in Victoria next February as part of their planned cross-country visits in 2025 to mark the Supreme Court of Canada’s 150th anniversary.
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November 21, 2024
PROPERTY INSURANCE - Exclusions - Household or homeowner's policies - Risks or perils
Appeal by Tremblett from an order dismissing his application for a declaration finding respondent Primmum Insurance Company ("Primmum") liable to compensate Tremblett for the loss and damage to his home under the Policy. Tremblett's home suffered damage due to the subsidence of the soil beneath it, resulting in foundation cracks. Tremblett reported the damage to Primmum and claimed the loss under his homeowner's insurance policy.
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November 21, 2024
Ontario announces $2B WSIB rebate for businesses
The Ontario government has announced Workplace Safety and Insurance Board (WSIB) rebates and fee reductions for businesses and workers that it says could total more than $2.5 billion starting in February of next year.
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November 20, 2024
Court allows appeal of insurance housing benefits for victim of 'catastrophic' car accident
The Ontario Superior Court of Justice has overturned a tribunal decision that denied the victim of a serious accident a special award for housing, even though the respondent insurance company had agreed to pay the amount.
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November 20, 2024
Why Saskatchewan court denied additional compensation for assaulted driver
Martin Luther King, Jr. said, “A right delayed is a right denied.” It is likely Munir Ahmad Malik would agree.
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November 20, 2024
Lazy, malingering or needy? | Courtney Mulqueen
The distinction between laziness and a mental health issue that leaves someone struggling to function can be lost on many people.
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November 19, 2024
Feds announce consultations on housing financialization, ending GST on new student residences
The federal government has launched consultations on “confronting the financialization of housing” and on removing GST on the construction of new student residences to incentivize the building of more student housing and ease rental housing pressures for students.
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November 19, 2024
New Quebec requirements for information security incidents reporting by financial institutions
The Regulation respecting the management and reporting of information security incidents by certain financial institutions and credit assessment agents (the Regulation), published in the Gazette officielle du Québec on Oct. 23, 2024, introduces new requirements to enhance the management and reporting of information security incidents to the Autorité des marchés financiers (AMF).