McKellar News and Blog

Recent Court Decision Confirms Escrow Funding of Structured Settlements is Both “Appropriate and Necessary”

Escrow funding of structured settlements has been the general practice in Canada for decades, and a recent Ontario Superior Court decision has confirmed its continued importance. In Spicer v Wawanesa Mutual Insurance Company, 2023 ONSC 3221, Regio...

Improvements to Assuris Coverage for Structured Settlements in Canada

Structured settlements provide long-term financial stability to individuals who have suffered personal injury or loss. However, what happens if the insurance company responsible for making the structured settlement payments becomes insolvent? In Cana...

Happy Holidays

As we near the end of 2022, we would like to acknowledge how grateful we are for the support of all our clients during our move to a new office, and throughout the continual challenges of the pandemic. In the spirit of the holiday season, McKe...

An Insider’s View on The Importance of Asking Questions

Everyone knows the challenge of learning something new for the very first time.  Even the best experts in the world started out knowing very little of their subject.  Learning a new skill or subject takes time and dedication. At McKe...

Happy International Women's Day

Each year as International Women’s Day arrives, I make some time for reflection – to take stock of the successes and continuing struggles of the women closest to me, and those around the world. I am exceptionally proud to be President of a...

Designing a Structured Settlement Option Without a Crystal Ball

Great news!  You’ve settled your claim and decided to structure some of your funds.  Now, you just have to design the perfect option.  Easy, right?  But, wait.  None of us can predict the future; there are no crystal ba...

Statistics Canada Releases Latest Updated Life Expectancy Data

On January 24, 2022, Statistics Canada released their updated life expectancy tables.  Not surprisingly, this latest update shows a slight decline in life expectancy, due to the impact of COVID-19. In addition to the standard three-year life ...

Congratulations to Rita Levato on Becoming President of McKellar

On behalf of the Board of Directors of McKellar Structured Settlements Inc., and with their unanimous approval, Mary Anne Reuel (Secretary and Treasurer) is pleased to announce the appointment of Rita M. Levato, BA, LL.B., CSSC, to the position o...

Wishing Ralph Fenik a Happy Retirement

Ralph Fenik, FCIP, President and member of the Board of Directors of McKellar Structured Settlements Inc., will be retiring effective December 31, 2021. In 1986, Ralph took a leap of faith and left his role as National Casualty Manager for All...

Season’s Greetings

As 2021 draws to a close, we would like to take a moment to thank all of our clients for their support during another challenging year as we continued to navigate our way through the pandemic and prepare for our move to our new office. In the ...