Ownership and liability, the simplistic nature of the insurance industry we once knew, has changed—dramatically. What used to be an easy line drawn in the sand has now become a blurred delineation which is subject to ambiguous and subjective definitions of ‘who owns what?’ and, even, ‘what is ownership?’ As with the majority of the economy’s sub-sectors, the digital and information sharing age is catalyzing the insurance sector’s need for a complete, strategic reposition in order to solidify its relevance and the way in which it operates. With such an increasingly sophisticated audience and ever-changing access to a wide array of competitive options, purchasing channels and innovative ownership alternatives, insurance companies are bracing for continued sector change, M&A activity and the need to jump on the ‘speed to innovate’ bandwagon.
At McInnes Cooper, we believe in playing an active role in the advancement of our clients and the industries in which they progressively participate. As such, we believe our responsibility extends beyond providing basic, legal advice—we are your true advocates and we fulfill this role in the most literal sense.
Our legal team of insurance lawyers are actively involved with the insurance community and have an intimate knowledge and appreciation for the nuances of the sector and the multitude of challenges it faces in the current market reconfiguration. We embrace this change and we revel in the opportunity to provide legal advice and industry expertise to our clients in pursuit of insurance sector leadership.
Apr 18, 2022
On March 28, 2022, the Supreme Court of Newfoundland and Labrador (General Division) decided that in a personal injury case, quantification of…
Mar 29, 2022
The Supreme Court of Canada’s recent consideration of estoppel and waiver in the context of a fatal injury case in Trial Lawyers Association…
Nov 23, 2021
On November 19, 2021, in Trial Lawyers Association of British Columbia v. Royal & Sun Alliance Insurance Company of Canada, the Supreme…
Oct 29, 2021
On October 21, 2021, the Supreme Court of Canada clarified the law concerning the circumstances in which government organizations - including…
Sep 23, 2021
On September 9, 2021, the Nova Scotia Court of Appeal released its decision in Aviva Insurance v. PK Construction Ltd. Dealing with Nova…
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