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Stein Monast, Quebec, March 08, 2021 – Insurance policies aren’t just for businesses and individuals. In fact, an insurance company can also take out a policy that covers the risks it covers for its insureds. This is also known as a reinsurance contract. In other words, the reinsurer insures the insurer. Read More (en français)
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Stein Monast, Quebec, January 22, 2021 – 9241-1842 Québec Inc. v. Peel Properties Inc., 2020 QCCS 2894 The insurer’s obligation to defend continues to be a subject of interest; a recent Superior Court case reviewed the principles developed by the courts over the years. The following is a summary of this case prepared by Jessica Gauthier and Nicolas Dubé. The Superior Court...
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Articles
Computer Fraud and Insurance Policy
Stein Monast, Quebec, January 04, 2021 – The Superior Court recently ruled on the interpretation of wording pertaining to protections included in a Commercial Crime Insurance Policy following a claim in connection with a fraudulent e-mail and invoicing scheme. Why did she rule that Computer Fraud and Funds Transfer Fraud was not covered by the policy in this case? Here is a... -
Stein Monast, Quebec, November 16, 2020 – In the recent judgment, Partner Reinsurance Company Ltd. v. Optimum Réassurance inc., the Court of Appeal revised the rules of Quebec private international law in a reinsurance framework. Partner Reinsurance Company Ltd. (“Partner Re”), signed a reinsurance and retrocession contract with Optimum Réassurance inc. (“Optimum”). Several of the insured parties and risks covered are located in...