October 29, 2024
By Jason Frost Ontario Regulation 383/24 (https://www.ontario.ca/laws/regulation/r24383) has amended the SABS for policies issued after June 30, 2026, making many of the previously standard SABS benefits only available for most persons injured in accidents in Ontario if they purchased optional benefits . With the new SABS effective July 1, 2026, more Ontarians should have optional […]
October 21, 2024
By Jason Frost With Ontario Regulation 383/24 (https://www.ontario.ca/laws/regulation/r24383), the Ontario Government has amended the SABS for policies issued after June 30, 2026, to remove many of the previously standard SABS benefits for most persons injured in an accident on Ontario. The impact of these changes may be catastrophic. The Amended Regulation Will Likely Harm Insureds, […]
March 13, 2024
By Michael Kryworuk In February 2024, Peter Routledge, head of the Office of the Superintendent of Financial Institutions (OSFI), spoke at the 2024 CatIQ Canadian Catastrophe Conference. For those perhaps unfamiliar with the organization, OFSI is Canada’s sole financial regulator over the banking system and the premier regulator of insurance companies in Canada. In a […]
January 25, 2023
By Amanda Colarossi Overview The Rules of Civil Procedure often change. Sometimes they change in minor ways, and sometimes major ways. Rule 48.04 underwent a small but important change by amendment in July 2021. A party not setting a matter down for trial can now consent to the matter being placed on the trial list, […]
November 02, 2022
By Amanda Colarossi Where a claimant is entitled to income replacement benefits (“IRB”), the accident benefits insurer is entitled to certain deductions when calculating the weekly IRB amount payable to the claimant. Calculating the Weekly Base Amount IRBs are paid at 70% of the claimant’s pre-accident gross income earnings, up to a maximum of $400 […]
October 12, 2022
By J. Nicholas Fernandes The basic tenet of Rule 7.08 of the Rules of Civil Procedure is that any settlement of a claim by or against a person under disability, including minors, requires Court approval. On a motion (or application, if settlement occurs prior to a lawsuit being commenced) to obtain such approval, the party under […]
