Insurance
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June 13, 2024
New asset freezes, entry bans & export prohibitions target Russian war of aggression against Ukraine
Canada has aimed new sanctions and export prohibitions at participants in Russia’s military-industrial complex, in a co-ordinated move with other countries on the first day of the G7’s three-day summit in Italy.
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June 13, 2024
Liberal government unveils in Commons ‘2030 Nature Strategy’ and proposed Nature Accountability Act
The minority Liberal government’s newly proposed Nature Accountability Act would hold Ottawa “accountable to make progress” (but not via an enforceable legal mechanism) toward the goal of protecting at least 30 per cent of Canada’s lands and waters by 2030, says federal Minister of Environment and Climate Change Steven Guilbeault.
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June 13, 2024
Federal government announces expansion of early retirement eligibility for some front-line workers
Ottawa has announced plans to introduce legislative changes this fall to expand early pension eligibility for specific front-line workers, including federal border services officers and federal and territorial firefighters.
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June 13, 2024
Wealth advising for the future: The new paradigm
I am an estate lawyer. As such, how many times have I said under my breath as my clients have exited the boardroom after an often lengthy, revealing, intense and always interesting meeting: “I don’t need a law degree — I need a psychology degree!”
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June 13, 2024
Specifying a date in a waiver of liability form can be risky
Waiver of liability forms are common in the recreational industry. As a matter of public policy, these forms are important to ensuring that these kinds of businesses are not subject to potentially high damage awards when a participant is seriously injured. These forms also permit recreational businesses to ensure that the costs for comprehensive liability insurance are manageable and that insurers will be willing to provide insurance coverage to their businesses.
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June 12, 2024
Ontario court finds Ukraine airline liable for passenger deaths in flight shot down by Iran
The Ontario Court Superior Court has found Ukraine International Airlines (UIA) liable for damages to the estates of passengers who died when flight PS752 was shot down by Iran’s Islamic Revolutionary Guard Corps (IRGC) shortly after it took off from Tehran in early 2020. All 176 passengers and crew on board the flight, which was bound for Kyiv, Ukraine, were killed in the incident.
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June 12, 2024
Quebec owner-pharmacists association seeks class action against ‘specialty pharmacies’
The association representing Quebec pharmacist-owned pharmacies has launched a class action against 10 of its own members, three patient support program (PSP) managers and three private infusion networks alleging the respondents are engaged in anti-competitive practices that are costing pharmacies millions of dollars in lost sales.
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June 12, 2024
Saskatchewan regulator details strategic plan progress for 2023
Saskatchewan’s law society made strides last year in rolling out parts of its current Strategic Plan — particularly in promoting diversity and equality, ensuring the competence of new lawyers and increasing access to justice for the incarcerated.
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June 12, 2024
Life insurance proceeds and dependent support obligations
In my May 31, 2024 article, “Enforcing support obligations in separation agreements and court orders against an estate,” I discussed some of the legislative mechanisms dependants can use to obtain and enforce support orders. Once an order for support has been made, what assets belonging to the payor can be charged to satisfy the order? Specifically, can the proceeds of a life insurance policy held by the payor be used to fund the support ordered by the court?
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June 11, 2024
Appeal Court restores $1M award for fire-damaged property in 'important' insurance decision
The Ontario Court of Appeal has reinstated an umpire’s determination that the actual cash value (ACV) of a commercial premises partially destroyed in a fire was $1,084,000, finding that the award was not arbitrary even though it far exceeded the market value of the premises.