2020 – Year In Review In Insurance - Insurance
To print this article, all you need is to be registered or login on Mondaq.com. In 2020, there were numerous changes to regulation of the insurance sector in Canada, both in response to COVID-19 and in keeping with regulators' long-term plans. This article provides a recap of some of the major changes that insurance companies and other industry participants should keep in mind in 2021. 1. REGULATORY CHANGES Saskatchewan's New Insurance Legislation The Insurance Act (Saskatchewan) and its regulations came into force on January 1, 2020. The new Act created new licensin...
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