The Canadian Council of Insurance Regulators has launched its new Web site, which will allow easier access to information for stakeholders and CCIR members.
Winston Morris, chair of the CCIR and Superintendent of Insurance for Newfoundland and Labrador, welcomed the new Web site. “Communication among stakeholders and members of CCIR is the key to our success. This new Web site will allow us to improve the flow of information.”
In response to calls by stakeholders for easier access to a list of insurers who have signed a Power of Attorney and Undertaking or PAU, CCIR has included this as a significant feature on its new site.
The list includes the out-of-country insurers that have agreed to abide by certain conditions in the event of an automobile accident in Canada. In particular, these insurers have agreed that they will not raise defences that are not permitted in the Canadian jurisdiction where the accident has occurred and that they will meet Canadian compulsory liability insurance requirements.
Other information available on the new Web site includes: current issues of the CCIR newsletters, press releases and strategic plans. “The CCIR is working to improve harmonization in insurance regulation across Canada, and there is a great deal of information being generated,” said Morris. “We consider it a priority that this information be made available to stakeholders.”
Insurance regulators launch new Web site
Site aims to improve communication among stakeholders, members
- By: IE Staff
- March 26, 2002 March 26, 2002
- 15:45