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Established in 2016, FSRA officially succeeded its predecessor agencies – the Financial Services Commission of Ontario and the Deposit Insurance Corporation of Ontario – on June 8, 2019. [1] The Financial Services Regulatory Authority of Ontario operates at arms-length from the Government of Ontario , and reports to the Legislative Assembly ...
The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is established individually by each state. In order to better coordinate insurance regulation among the states and territories, insurance commissioners are members of the National Association of Insurance ...
The Office of the Integrity Commissioner (French: Bureau du commissaire à l’intégrité) for the province of Ontario is the office of the Legislative Assembly of Ontario responsible for preventing ethics violations before they occur for members of the Legislative Assembly.
The Insurance Bureau of Canada (IBC; French: Bureau d'assurance du Canada) is a trade association representing home, auto, and business insurance companies in Canada. Established in 1964, it promotes and lobbies for the insurance industry to governments and the general public.
An inquiry called by the federal government into matters of national concern are known in Canada as royal commissions or commissions of inquiry. These consist of a panel of distinguished individuals, experts, or judges convened by the governor-in-Council (the governor general acting on the advice of Cabinet) to look into and secure advice for an issue of general importance or to fully ...
The current commissioner’s time in office has been marked by a lack of transparency, failure to host public hearings to justify rate increases, and an unprecedented number of rate hikes.
The first state commissioner of insurance was appointed in New Hampshire in 1851 and the state-based insurance regulatory system grew as quickly as the insurance industry itself. [4] Prior to this period, insurance was primarily regulated by corporate charter, state statutory law and de facto regulation by the courts in judicial decisions.
Accident happened inside Ontario. 6.1 [1] The driver has to be at least partially not at fault. 6.4.1 [2] At least one other vehicle involved has insurance from a company licensed in Ontario, or if outside of Ontario agree to join the Ontario DCPD club. 6.1 [3] Collision/Comprehensive/All Perils