Insurance regulators largely silent on Supreme Court decision’s implications.
Associations call for regime allowing adjuster licenses to be recognised nationally.
Industry stakeholders react to Ontario’s proposals for regulating MGAs.
Province’s Insurance Act currently mute on the topic of MGAs and their role in distribution.
Changes follow regulatory reviews which found evidence of unfair consumer treatment.
Measure legally adopts insurance council’s guidance into province’s regulatory framework.
Termination of insurance, variable insurance and use of couriers all examined in recent letter.