: Insurance

On March 27, 2025, the Supreme Court of Canada dismissed Mr. Furtado's application for leave to appeal the Ontario Court of Appeal's decision, where the Court of Appeal upheld the denial of coverage under a Directors and Officers liability policy as Mr. Furtado failed to meet a condition precedent under the claims-made and reported policy.

Many types of insurance provide monetary protection to individuals and businesses around the world. One critical form that often goes overlooked, however, is fire insurance.

In the intricate terrain of the insurance sector, actuaries serve as linchpins, crucial for assessing risks, determining premiums, and upholding financial stability.