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Recent regulatory updates: OSFI releases final Integrity and Security Guideline and amendments to Guideline B-10 and Guideline B-13
New Brunswick introduces licensing exemption for the adjustment of pet insurance claims
OSFI publishes adjustments and clarifications to the Minimum Capital Test
Ontario Court of Appeal confirms COVID-19 orders do not trigger coverage under all risks policy
OSFI’s next area of focus: Business continuity and disaster recovery planning for federally regulated financial institutions
FSRA introduces life insurance agent and MGA licensing suitability guidance for public consultation
Changes to licensing required for insurance intermediaries conducting business in the Yukon
OSFI introduces new guidelines for use of Letters of Credit by Federally Regulated Insurers
When a duty to defend application cannot be determined summarily
OSFI releases drafts for Guideline E-21 and the Integrity and Security Guideline
CISRO publishes practices to assist insurance intermediaries with cybersecurity readiness
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