Canada: Insurance

Over the past decade, Jamaica has built a multi-layered financial protection system to manage natural disasters. This strategy is now being tested after Hurricane Melissa devastated the island, causing widespread destruction to homes, roads, and infrastructure.

The case of Cargill Inc. v. ACE Property & Casualty Insurance Co., Case No. 250703456, is of interest for certain coverage disputes in Canada. It was filed in the Court of Common Pleas in Philadelphia on July 31, 2025.

In Van Daele v. Waring House et al, 2025 ONCSC 6687, the Court considered whether an event insurer owed a duty to defend and indemnify a wedding venue...

Over the past decade, Jamaica has built a multi-layered financial protection system to manage natural disasters. This strategy is now being tested after Hurricane Melissa devastated the island, causing widespread destruction to homes, roads, and infrastructure.

The remaining Phase of OSFI's review of reinsurance contemplates possible changes to the MCT and LICAT capital guidelines, though no firm dates or timing for such changes have been released to date.

The Ontario Superior Court of Justice (Commercial List) recently released a decision regarding a "follow the settlements" clause in a reinsurance agreement.