Class Actions, Lawyers E&O and Law Firm ODL

Will Lawyers’ E&O (aka Errors and Omissions or Professional Liability for Lawyers and potentially their firm) insurance and Law Firm Outside Directorship Liability (ODL) insurance (see former post) get more expensive in Canada? I would suggest that the recent certification of a few Ontario based class action claims should not...
Posted: 10/6/2010 12:00:00 AM by Global Administrator

Value of Communities and other Social Media, and Media / Advertising Risk

The value of Canadian electronic communities and other social media may be going up soon. The proposed legislation in Bill C-28 – the Fighting Internet and Wireless Spam Act (FISA) – will make some significant changes to the law. It will require consent for any email or text messages. Senders of electronic messages will be required t...
Posted: 10/3/2010 12:00:00 AM by Global Administrator

Reputational Risk

Economist Intelligence Unit, here, a division of The Economist, here, conducted a survey of 269 business executives representing 19 industries, and the result was Reputational Risk was the top of the list of 13 available categories, and ahead of Regulatory Risk, Human capital Risk, IT Network Risk, Market Risk, and Credit Risk, see&nbs...
Posted: 10/1/2010 12:00:00 AM by Global Administrator

Outside Directorship Liability (ODL) Insurance in Canada

This is a type of insurance coverage in Canada that is rarely publicized and for which there is little precedent law. The reference to ‘coverage’ as opposed to ‘policy’ is because there is no common insurance policy or wording and no regulation of wording or premium rates for this area of risk.  This makes the consid...
Posted: 9/28/2010 12:00:00 AM by Global Administrator

INSIDER TRADING and CANADIANS IN THE NEWS

Unlike many recent news events, this connection to Canada is a positive one because it showcases the efforts of Canadian researches, even if not involving Canadian statistics. From the Wall Street Journal Online, July 3, 2010, by Gregory Zuckerman, here, author of The Greatest Trade Ever, called Hedge-Fund Lending Draws Scrutiny, here,...
Posted: 7/21/2010 12:00:00 AM by Global Administrator

Changes to Auto Insurance Effective Sept. 1st, 2010

In an attempt to stabilize auto insurance rates in Ontario, the Ontario Government has introduced changes to the coverage’s within the automobile insurance policy.  As a result of these new laws you now have more choice when it comes to selecting your auto insurance coverages to best meet your individual needs.  These changes wil...
Posted: 7/14/2010 12:00:00 AM by Global Administrator

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