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Keyword: Insurance regulations

55 results found
man being rescued by lifeboat

New guidance encourages insurance industry to accommodate financially stressed clients

Couple getting financial retirement advice from consultant at home

The regulators concluded that some incentive practices may present risks to the fair treatment of customers

  • By: IE Staff
  • November 30, 2022 November 30, 2022
  • 16:04
Financial Services Regulatory Authority of Ontario logo

Draft Ontario MGA regulation coming in 2023 as a result of concerns found in FSRA's review

guidelines and regulations binders

In examining dozens of agents, Ontario’s regulator identified 334 “business practice” issues

Family insurance policy protective gesture and silhouette

FSRA's consultation also includes insurers' related obligations to ensure agent suitability

  • By: IE Staff
  • September 9, 2021 September 10, 2021
  • 15:12
rules and regulations

One weak area was application processing for prospective mortgage brokers and insurance agents

  • By: Katie Keir
  • August 30, 2021 August 30, 2021
  • 15:37
Shot of a group of young businesspeople using a laptop during a meeting in the boardroom of a modern office

The proposal complements the guidance on fair treatment of customers

  • By: IE Staff
  • June 2, 2021 June 2, 2021
  • 13:06
papers on a desk

About 40% were escalated for further investigation

rules and regulations

New approach will end reliance on insurers' internal calculation models

businessman with binoculars

Low rates, risks and regulation will weigh on earnings and drive higher prices