insurance  

 

Today's insurers, reinsurers and insurance intermediaries require creative strategies, practical experience and keen sector insight to generate growth and deliver on customer expectations, all while complying with evolving domestic and global regulatory reforms. Providers and marketers of insurance are facing increased competition and, at the same time, a higher burden of compliance than ever before. The industry – and those who depend upon it – requires access to legal advice from experienced and knowledgeable counsel.

McMillan's Banking, Finance and Insurance Industry Group has a broad depth of experience working with a wide range of insurance sector organizations. We understand developments in the sector, from the regulatory environment through to the risks and opportunities that operating in this complex sector brings.

Our lawyers have represented some of the world's largest and most sophisticated insurers, brokers and other industry participants, including adjusters, on all manner of business transactions, regulatory and compliance matters.

McMillan professionals help clients lead by:

  • Executing mergers and acquisitions and corporate reorganizations
  • Obtaining regulatory approvals for share and portfolio acquisitions and divestitures, amalgamations, related-party and other business transactions (including Competition Bureau approvals)
  • Advising on incorporation and Canada-wide licensing of insurers, agents, brokers and adjusters as well as termination of insurance businesses in Canada
  • Advising on corporate governance and compliance matters and creating board and committee charter documents and company policies and procedures
  • Negotiating and implementing outsourcing arrangements
  • Reinsurance agreements
  • Resolving market conduct issues arising under provincial statutes, including by representing insurers, agents, brokers and others before regulatory tribunals and—where necessary—the courts
  • Advising insurers, agents and brokers on the day-to-day business of marketing and selling insurance products and on operational matters such as drafting and amending policies, privacy and ecommerce, drafting and reviewing innovative marketing initiatives and dealing with related regulatory challenges
February 2017

Capital Markets

October 2016

Real Estate Bulletin

September 2016

Litigation Bulletin

July 2016
Insurance, Financial Services & Financial Services Regulatory Bulletin
December 2015
Insurance Bulletin
December 1, 2015
International Law Office
TerraLex
October 27, 2015
International Law Office – Insurance Canada Newsletter
October 20, 2015
International Law Office – Insurance Canada Newsletter
October 6, 2015
International Law Office – Insurance Canada Newsletter
September 2015
Mergers & Acquisitions Bulletin
September 2015

International Bar Association
(co-author of Canadian section)

September 2015
Insurance Bulletin
August 2015
Corporate LiveWire
August 2015
International Law Office - Insurance Canada Newsletter
July 2015
Insurance Bulletin
April 2015
Canadian Underwriter: Canada's Insurance and Risk Magazine
April 2015
Insurance Bulletin
March 2015
Insurance Bulletin
February 2015
Insurance Bulletin
February 2015
Insurance Bulletin
2015

The International Comparative Legal Guide to: Insurance & Reinsurance 2015, 4th Edition

December 2, 2014
International Law Office – Insurance Canada Newsletter
October 2014
Insurance Bulletin
October 2014
TerraLex Connections Newsletter
September 2014
Financial Services Bulletin
August 2014
Corporate LiveWire
August 2014
Financial Services Bulletin
National Banking Law Review
August 2014
Member of the McMillan Insurance Team who provided the responses for Canada (Civil Law and Common Law) to the 2014 survey on the topic of The Duty of Utmost Good Faith, International Bar Association, 2014 Annual Conference, Tokyo, Japan
May 2014
Insurance Bulletin
May 2014
Insurance Bulletin
April 2014
Insurance Bulletin
April 2014
Insurance Bulletin
April 2014
Insurance Bulletin
January 2014
Insurance Bulletin
January 2014
TerraLex Connections Newsletter
November 2013
Insurance Bulletin
October 2013

Member of the McMillan Insurance Team who provided the responses to the 2013 survey regarding the legal nature of insurance contracts under Canadian Civil Law and Common Law, International Bar Association, 2013 Annual Conference, Boston

September 2013
Insurance Bulletin
August 2013
Corporate LiveWire
July 2013
Insurance Bulletin
June 2013
Insurance Bulletin
May 2013
Insurance Bulletin
April 2013
Insurance Bulletin
February 2013
Insurance Bulletin
November 2012
Insurance Bulletin
September 2012

Insurance Bulletin

July 2012
Insurance Bulletin
May 2012
Insurance Bulletin
May 2012
Article written by Frank Palmay & Assunta Di Lorenzo - prepared for CLHIA 2012 Compliance and Consumer Complaints Annual Conference
December 2011
Insurance Bulletin
International Law Office
International Law Office
May 2011
International Law Office
March 2011
Insurance Bulletin
March 2011

Client bulletin

February 2011
International Law Office
February 2011
Corporate Bulletin
January 2011
'ABC's of Insurance' and 'D&O Insurance'
for CCH Ultimate Corporate Counsel Guide
September 13, 2010
Lawyers Serving as Directors Get Less Coverage Despite Extra Premium
Law Times
2010
Corporate Insurance Brief Fall 2010
2010
Co-authored: Frank Palmay and R. Nairn Waterman
Corporate Insurance Brief Fall 2010
May 2010
Co-authored: Frank Palmay and R. Nairn Waterman
International Law Office
2010
Co-authored: Frank Palmay and R. Nairn Waterman
InBrief Winter 2010
December 2009
More Provincial Regulators Might Break with OSFI Over "Insuring in Canada a Risk": ILO Paper
Canadian Underwriter
2009
Lang Michener LLP Corporate Insurance Brief
Also published in AIRROC Matters, Vol. 5, No. 1, Spring 2009
October 2009
Lang Michener LLP Corporate Insurance Brief Fall 2009.
Also published in International Law Office under the title "Insurance Company Mergers: A Regulatory Guide," May 26, 2009.
Also published by ABA Section of Anti-trust Law, Insurance Industry Committee, The Insurance Policy Newsletter, Winter 2009.
October 2009
New Rules for Foreign Insurers to Take Effect
Law Times
2009
Lang Michener Corporate Insurance Brief   
2009
Lang Michener Corporate Insurance Brief 
2009
Lang Michener Corporate Insurance Brief
February 2009
Instructions and Guidance on Changes Affecting Foreign Companies Issued
International Law Office Newsletter
January 2009
Alberta Provides Privilege for Self-assessment Programmes
International Law Office & referenced in Canadian Underwriter
January 2009
Proposed Changes to Reinsurance Regulation
International Law Office Newsletter
December 2008
CCH Canadian Limited's Ultimate Corporate Counsel Guide e-newsletter, No. 24
September 2008
International Law Office
2008
Lang Michener InBrief
August 2008
Lang Michener Corporate & Insurance Publication
August 2008
International Law Office
June 2008
CCH Canadian Limited's Ultimate Corporate Counsel Guide e-newsletter, No. 18
April 2008
Special Committees: Risk Management in the Boardroom
Co-authored: Frank Palmay, Jordon Solway, Patrick Bourk
CCH Ultimate Corporate Counsel Guide
Also published in CCH Corporate Brief, Issue 164
December 2007
Oppression – Mitigating the Risks
Co-authored: Frank Palmay, Jordan Solway, Patrick Bourk
CCH Ultimate Corporate Counsel Guide, Issue 12,
Also published in CCH Corporate Brief, Issue 162
December 2007
Oppression – Mitigating the Risks
Co-authored: Frank Palmay, Jordan Solway, Patrick Bourk
CCH Ultimate Corporate Counsel Guide, Issue 12
Also published in CCH Corporate Brief, Issue 162, February 2008
2007
Lang Michener InBrief
Also published in CCH Ultimate Corporate Counsel Guide, Issue 8, August 2007
October 2007
International Law Office
October 2007
Changes for Foreign Insurers: An Update
International Law Office Newsletter
May 2007
Significant Changes for Foreign Insurers on the Horizon
International Law Office Newsletter and Canadian Insurance Regulator Reporter
April 2007
Private Equity Management Risk: An Exposure and Insurance Review
Co-authored: Frank Palmay, Patrick Bourk, Jordan Solway
CCH Ultimate Corporate Counsel Guide, Issue 4
April 2007
Lang Michener Fall InBrief
Also published in Canadian Insurance Law Reporter, April 2007 Issue 676, and CCH Legal eMonthly, May 2007 
2006
ABC's of Insurance Coverage
Co-authored: Frank Palmay, Susan Zabolotniuk, Bruce Webster
CCH Ultimate Corporate Counsel Guide
2006
What Every Corporate Counsel Needs To Know About D&O Insurance
Co-authored:  Frank Palmay, Patrick Bourk
CCH Ultimate Corporate Counsel Guide
2006
Lang Michener InBrief 
Reprinted in Canadian Insurance Law Reporter, Issue 677, May 2007
2006
OSFI Eliminates Most Service Charges
Lang Michener InBrief
January 2006
The Insurance Marketplace
CCH Ultimate Corporate Counsel Guide
2005
Lang Michener InBrief
2004
Lang Michener InBrief 
Also published in Canadian Insurance Law Reporter, March 2007
1998
Draft Regulations for OSFI's Modified User Fee System
Lang Michener InBrief Fall 1998
1998
OSFI to Introduce User Fees and Penalties
Lang Michener InBrief 1998