After more than two decades of debate, the City of Ottawa is moving forward with plans to update the way community groups receive insurance.

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City to update long-debated community insurance program

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Government of Canada

On November 13, 2024, the U.S. Department of the Treasury’s (“Treasury’s”) Office of Foreign Assets Control (“OFAC”) updated its FAQs for insurers in a long-awaited move to modernize its published sanctions compliance guidance for the insurance industry.  None of the industry-specific FAQs had been updated since January 2015, and many had not been amended in more than 20 years, so these updates represent an important step by OFAC to ensure that …

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City to update long-debated community insurance program

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