News & Analysis as of

Canada Commercial Insurance Policies

Bennett Jones LLP

The COVID-19 Virus Does Not Trigger Business Interruption Insurance Coverage

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In 2023, the Ontario Superior Court of Justice (Commercial List) released its highly anticipated decision in Workman Optometry Professional Corporation v Certas Home and Auto Insurance Company (Workman). The Court’s decision,...more

Bennett Jones LLP

The Value of PropTech in a Post-Pandemic World

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As the COVID-19 pandemic recedes and the workforce gradually returns to the office, the commercial real estate industry will rely on PropTech to adapt. Building developers, construction companies and property managers will...more

McDermott Will & Emery

Insurance Regulators Pick Up the Pace on Climate Change

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At the beginning of the year, we published a short report on the surge in year-end insurance regulatory activity concerning climate change risks (available here). January was another busy month, and we report below on...more

Bennett Jones LLP

Representation and Warranty Insurance 2020 Update

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More and more buyers are using representation and warranty insurance (RWI) to supplement or replace indemnities from a seller in the sale of a business in Canada. While some of our clients, particularly private equity funds,...more

Blake, Cassels & Graydon LLP

Commercial Insurance Considerations During COVID-19

As the COVID-19 pandemic continues to spread and intensify and businesses seek to mitigate financial prejudice, they will consider whether their insurance policies provide coverage that could lessen the blow. This bulletin...more

Blake, Cassels & Graydon LLP

The Coronavirus: Key Business and Legal Implications

The far-reaching effects of COVID-19, otherwise known as the coronavirus, have not spared the business community or the global economy. This unprecedented epidemic is quickly growing into a health crisis with increasing risks...more

Bennett Jones LLP

Representation and Warranty Insurance in M&A—What You Need to Know

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Due in large part to greater awareness of the strategic value of representation and warranty insurance (RWI), an increasingly competitive underwriting market in Canada (resulting in lower costs, lower deductibles and more...more

Bennett Jones LLP

Cybersecurity: When Social Engineering Fraud is Not Covered Under Your Insurance Policy

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We live in an age of escalating cybersecurity threats. Many intrusion threats are social engineering attacks, which seek to gain entry to an organization's computer systems via its personnel and not a hack to the computer...more

Blake, Cassels & Graydon LLP

British Columbia Toughens Expectations Related to Creditor’s Group Insurance

British Columbia’s Financial Institutions Commission (FICOM) has issued Information Bulletin INS-15-002?, which sets out FICOM’s expectations for insurers, exempt sellers and creditors regarding creditor’s group insurance...more

Blake, Cassels & Graydon LLP

Rep and Warranty Insurance in Canada: A Market-Driven Option for M&A Negotiations

Canadian M&A practitioners are increasingly using representation and warranty (R&W) insurance as a competitive tool in deal negotiations. The insurance, which provides coverage for breaches of a seller’s representations and...more

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