Frank Palmay

Important Canadian Regulatory Changes Affecting Insurance Branches
Frank Palmay, October 26, 2009
Although both provincial and federal authorities can incorporate insurance companies in Canada, most insurers and all branches are federally regulated. The federal legislation is overhauled every five years. The last such overhaul in 2007 both clarified and amended the regulations for branches in a...

Insurance Company Mergers: A Regulatory Guide
Frank Palmay, Daniel G. Edmondstone, Hartley Lefton, James B. Musgrove, July 14, 2009, previously published by International Law Office on Summer 2009
Canada, like many jurisdictions, has an insurance marketplace that is largely characterized by a significant number of competing companies in various lines of business. However, over the last number of years, the market has shown signs of becoming more consolidated. Given the current pressures on...

Alberta Provides Privilege for Self-Assessment Programs
Frank Palmay, March 25, 2009, previously published by International Law Office on March 5, 2009
In November 2008, Alberta became the first Canadian jurisdiction to provide privilege for the self-assessment programs of insurance companies.