Insurance
-
July 31, 2025
Small and medium banks failed to meet federal complaint handling standards, FCAC review finds
Canada’s consumer banking watchdog has found significant compliance failures among small and medium-sized banks in meeting federally mandated complaint handling requirements introduced under its Financial Consumer Protection Framework.
-
July 29, 2025
Trudeau Liberals increased diversity of federal benches; female jurists made big gains: report
The former Trudeau government’s nine-year push for diversity in federal appointments since 2016 saw big progress for female jurists — who now make up 49 per cent of all federally appointed judges — along with significant gains for jurists who self-identify as Indigenous, racialized, ethnic, 2SLGBTQI+ or as having a disability, according to the latest information from the Office of the Commissioner for Federal Judicial Affairs.
-
July 28, 2025
Alberta Court of Appeal rules on possessory lien enforceability in split decision
The Alberta Court of Appeal has issued a split decision in a complex commercial dispute involving possessory liens, with the majority ruling that a storage company cannot retain possession of pipe worth over $3 million after litigation delays rendered its debt claims unenforceable.
-
July 25, 2025
Appeal dismissed despite trial judge’s concession error
In Insurance Corporation of British Columbia v. Dhaliwal, 2025 BCCA 142, the British Columbia Court of Appeal dismissed an appeal brought by the Insurance Corporation of British Columbia and two individual defendants challenging a trial award of damages to the plaintiff, Balbir Dhaliwal, arising from two motor vehicle accidents.
-
July 24, 2025
Securities regulator takes steps to ease access to Bank of Canada fund for some investment funds
In a bid to promote market stability, the Canadian Securities Administrators (CSA) has announced coordinated blanket orders to help make the Bank of Canada’s Contingent Term Repo Facility (CTRF) fund more accessible to eligible investment funds.
-
July 24, 2025
AI liability is rising: How will insurers respond?
AI is making its way into nearly every industry, but what happens when it causes harm? Who is legally responsible? Courts, lawmakers — and insurers — are still figuring that out. Recent cases and studies provide some insight into how tort law may evolve.
-
July 23, 2025
G20 finance ministers discuss international tax reforms and debt relief framework in South Africa
Finance ministers and central bank governors from the world’s 20 largest economies (G20) have concluded their third meeting of the year in Durban, South Africa, by endorsing several initiatives with potential legal and regulatory implications for international finance and taxation.
-
July 23, 2025
Harper Grey welcomes Jimmy Peterson
Harper Grey has added a new associate, Jimmy Peterson, to its health and insurance law groups.
-
July 22, 2025
Ottawa mulls $150K deposit insurance limit, new $500K limits for non-retail accounts
The Department of Finance Canada is considering proposals to raise the federal deposit insurance coverage limit to $150,000 per account category and to introduce a new $500,000 limit for non-retail accounts in a bid to enhance depositor protection, according to a release issued July 22.
-
July 22, 2025
Judge finds disclosure rule does not apply to class actions in $10M COVID insurance approval
In a significant decision involving thousands of Canadian dentists who were denied enhanced pandemic coverage under their business interruption insurance policies during COVID-19, an Ontario Superior Court judge has found that an immediate disclosure rule in multi-party litigation does not apply to class actions.