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Everything Transportation Companies Always Wanted To Know About Incoterms, But Were Afraid To Ask Because The Carrier Is Liable Anyway
Incoterms, an acronym for "International Commercial Terms," are a series of commercial terms developed and published by the International Chamber of Commerce ("ICC").
16 Jul 2019
Tout ce que les transporteurs ont toujours voulu savoir sur les Incoterms, mais n'ont jamais osé demander puisqu'ils sont de toute façon responsables
Les Incoterms, acronyme de l'anglais « International Commercial Terms » (termes commerciaux internationaux), sont une série de termes commerciaux élaborés et publiés par
15 Jul 2019
Special Costs Not Available To The Successful Insured In A Duty To Defend Application In British Columbia Absent Reprehensible Conduct On The Part Of The Insurer
In West Van Holdings Ltd. v. Economical Mutual Insurance Company, 2019 BCCA 110 ("West Van Holdings"), the Court of Appeal of British Columbia (the "Court of Appeal")
2 Jul 2019
Bill 141 Adopted, Reforming The Quebec Financial Sector Legal Framework
The Quebec National Assembly finally adopted An Act mainly to improve the regulation of the financial sector, the protection of deposits of money and the operation of financial institutions ...
27 Jun 2018
Ontario Budget 2018: Financial Services Updates
Ontario's Minister of Finance, Charles Sousa, tabled the government's pre-election fiscal plan on Wednesday, March 28, 2018, the 2018 Ontario Budget: A Plan for Care and Community.
30 Apr 2018
Budget 2018: Financial Institutions Update
The 2018 federal budget announced a number of measures directed to the financial services sector, including plans to modernize the deposit insurance framework, to implement a resolution framework for Canada's...
2 Mar 2018
Tonicstar Ltd. V Allianz Insurance PLC And Sirius International Insurance Corporation: Court Determined Appointed QC Not Qualified As Arbitrator
The question of whether a barrister is a person "with not less than 10 years' experience of insurance or reinsurance" for the purposes of a standard form arbitration clause ...
21 Nov 2017
Automobile Insurance Act: The Supreme Court Of Canada Confirms The Large And Liberal Approach In Interpreting The Bodily Injury "Suffered In An Accident"
The Automobile Insurance Act in Québec provides that where bodily injury was suffered in an accident, meaning any event in which damage is caused by an automobile, the compensation that the victim...
7 Apr 2017
U.S. Federal Insurance Office Issues Report Addressing InsurTech And Traditional Insurance
The Federal Insurance Office, U.S. Department of the Treasury ("FIO") released its first annual Report on Protection of Consumers and Access to Insurance (the "Report").
20 Mar 2017
Anti-Money Laundering Update: FINTRAC Releases Guidance In Respect Of Politically Exposed Persons
On December 20, 2016, the Financial Transactions and Reports Analysis Centre of Canada ("FINTRAC") released new guidelines (collectively, the "Guidelines")...
10 Jan 2017
Government Of Ontario Announces Launch Of Consultations To Cut Red Tape In Financial Services And Insurance Regulation
On December 1st, the Ontario Government announced it was launching consultations seeking public input to identify any "unclear, outdated, redundant or unnecessarily costly" financial services...
21 Dec 2016
Policyholders Stay Tuned: Final Word On The LEG 2/96 Defective Workmanship Exclusion Yet To Come
The BC Court of Appeal in Acciona Infrastructure Canada Inc. v. Allianz Global Risks US Insurance Company grappled with the proper interpretation of the LEG 2/96 defective workmanship exclusion...
14 Nov 2016
Department Of Finance Canada Launches Consultation Process To Review Proposed Lender Risk Sharing Policy For Government-Backed Insured Mortgages
The Government has justified this proposal as a way of encouraging all parties involved in insured mortgage loans to appropriately assess and price risk in the housing market.
2 Nov 2016
Canadian Deposit Insurance – Framework Under Review
On September 16, 2016, Canada's federal Department of Finance launched a consultation process on the deposit insurance framework. The consultation paper can be found here.
7 Oct 2016
Insureds Score A Big Win At The SCC
Policyholders recently won a key victory at the Supreme Court of Canada in Ledcor Construction Ltd. v. Northbridge Indemnity Insurance Co. as the Supreme Court clarified the interpretation of a standard form...
27 Sep 2016
The Supreme Court Of Canada Rules That Québec's Farm Income Stabilization Program Is Not An Insurance Contract Subject To Public Law Rules
Two companion decisions of the Supreme Court of Canada were recently released in cases included on our Appeals to Watch in 2016 list, Ferme Vi-Ber inc. v. Financière agricole du Québec, 2016 SCC 34, and Lafortune v. Financière agricole du Québec, 2016 SCC 35.
21 Sep 2016
Insurance Company's "Formal Dispute Resolution Process" Not Formal Enough To Avoid PIPEDA Access Request
OPC investigated a complaint made to its Office after an insurance company refused to provide a policyholder access to her personal information relating to a joint home insurance policy she held with her husband.
14 Sep 2016
Sandhu v. HSBC Finance Mortgages Inc.: Disqualifying Representative Plaintiffs For The Use Of Pre-Certification "Extortionate" Settlement Tactics In Fee Disclosure Case
Recently in Sandhu v. HSBC Finance Mortgages Inc., 2016 BCCA 301, the British Columbia Court of Appeal (the "BCCA") decertified a class action where the plaintiffs sought damages or restitution...
18 Jul 2016
Rethinking Representation And Warranty Insurance In Canada
The sale of Representation and Warranty Insurance ("RWI") policies has soared in recent years.
4 Feb 2016
Canadian Representation And Warranty Insurance FAQ
Canadian M&A participants have been slower than participants in other markets to regularly seek this type of insurance, known as Representation and Warranty Insurance ("RWI").
29 Jan 2016
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